TD Cowen analyst Gary Taylor lowered the firm’s price target on Elevance Health to $564 from $577 and keeps an Outperform rating on the shares. The analyst noted our last model was published before the 2024 MA Advance Notice and had not yet reflected any MA rate headwind but we are assuming materially lower MA rate growth and only slightly lower MA enrollment growth in both 2024-25.
Published first on TheFly
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