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Centene price target lowered to $87 from $94 at Credit Suisse
The Fly

Centene price target lowered to $87 from $94 at Credit Suisse

Credit Suisse analyst A.J. Rice lowered the firm’s price target on Centene to $87 from $94 and keeps an Outperform rating on the shares following quarterly results. For 2024, Centene rebased its adjusted EPS to at least $6.60 from a floor of $7.15, previously, reflecting updated views on Medicaid redeterminations, its 2024 MA bid strategy, and high-impact investments in the business, the firm notes.

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