JP Morgan Maintains Neutral Rating for Centene: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
JP Morgan has maintained its Neutral rating for Centene (NYSE:CNC) but lowered its price target from $81.00 to $77.00. Centene's shares are currently trading down 0.33% at $66.97 per share. A move to $77.00 would represent a 14.98% increase from the current share price.
July 07, 2023 | 5:00 pm
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JP Morgan has maintained its Neutral rating for Centene but lowered its price target. This could potentially impact investor sentiment and the stock's price.
JP Morgan's decision to maintain a Neutral rating indicates that they do not see significant upside or downside in the near term. However, the lowering of the price target could negatively impact investor sentiment, potentially leading to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100