UBS Maintains Neutral on Centene, Raises Price Target to $79
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Kevin Caliendo has maintained a Neutral rating on Centene Corporation (NYSE:CNC) and increased the price target from $72 to $79.
December 21, 2023 | 3:18 pm
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UBS has maintained a Neutral rating on Centene but raised the price target from $72 to $79, indicating a positive outlook on the stock's value.
The increase in price target by UBS suggests that the analyst sees potential for the stock to appreciate, which could lead to a positive short-term impact on Centene's stock price. However, since the rating remains Neutral, the impact may not be as significant as it would be with an upgrade to a Buy rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100