BofA raised the firm’s price target on Centene to $80 from $76 and keeps a Neutral rating on the shares after the company raised expectations for 2024 and detailed the path to 12%-15% compound annual EPS growth in 2025-plus. While Centene signaled confidence in key initiatives, the firm reiterates its Neutral rating as it believes that the algorithm laid out is “achievable,” but visibility is lower.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on CNC: