Jefferies lowered the firm’s price target on Centene (CNC) to $81 from $82 and keeps a Buy rating on the shares. The firm is tweaking its estimates and targets for Humana (HUM), UnitedHealth (UNH) and Centene after having analyzed which MCOs will capitalize on community MA retrenchment in 2024. The firm calculates the opportunity is 1%-3% of Humana’s 2024 EPS, while the opportunity for UnitedHealth is only 0.5% of 2024 EPS, the analyst tells investors.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on CNC:
- Centene to cut 3% of workforce, St. Louis Business Journal reports
- Centene to cut 3% of workforce, Bloomberg says
- Early notable gainers among liquid option names on September 13th
- Early notable gainers among liquid option names on September 7th
- Early notable gainers among liquid option names on September 6th