ThinkEquity LLC Raises Fair Value Estimate For Express Scripts, Inc. (ESRX)

Analyst Glenn Garmont at ThinkEquity LLC has raised the fair value estimate for Express Scripts, Inc. (NASDAQ: ESRX) to $120. The revise fair value estimate reflects several changes made by ThinkEquity to its forecast for the company. For 2010, it has raised EPS estimate for the company from $4.90 to $4.95, while for 2011 EPS estimate has been raised from $6.20 to $6.60.

ThinkEquity believes that shares of Express Scripts, Inc. continue to be undervalued relative to near-term growth prospects as well as historical valuation parameters. Think Equity has maintained its Buy rating for the company.