JP Morgan Downgrades Humana to Neutral, Lowers Price Target to $540
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Lisa Gill has downgraded Humana (NYSE:HUM) from Overweight to Neutral and lowered the price target from $576 to $540.
July 07, 2023 | 9:29 am
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NEGATIVE IMPACT
Humana's rating has been downgraded by JP Morgan from Overweight to Neutral, with a lowered price target of $540.
The downgrade from JP Morgan is likely to negatively impact Humana's stock in the short term. The lowered price target suggests that the analyst sees less upside potential in the stock, which could lead to selling pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100