JP Morgan Maintains Neutral on Humana, Lowers Price Target to $575
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Lisa Gill has maintained a Neutral rating on Humana (NYSE:HUM) but has reduced the price target from $593 to $575.
November 17, 2023 | 4:02 pm
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NEUTRAL IMPACT
JP Morgan has maintained a Neutral rating on Humana and lowered the price target from $593 to $575.
The adjustment in price target by a major analyst like JP Morgan is a significant indicator for investors, although the maintenance of a Neutral rating suggests no major change in the company's outlook. The reduction in price target might imply a slightly more conservative view on the company's future performance, but since the rating remains unchanged, the short-term impact on the stock price is likely to be minimal.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100