Centene shares are trading higher after Wells Fargo upgraded the stock from Equal-Weight to Overweight and raised its price target from $82 to $90.
Portfolio Pulse from Benzinga Newsdesk
Centene Corporation's stock (CNC) is trading higher following an upgrade by Wells Fargo from Equal-Weight to Overweight, with a price target increase from $82 to $90.
January 02, 2024 | 6:00 pm
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Wells Fargo upgraded Centene Corporation's stock from Equal-Weight to Overweight and increased the price target from $82 to $90, indicating a positive outlook on the company's future performance.
The upgrade by a major financial institution like Wells Fargo typically signals confidence in the company's future growth and financial health, which can lead to increased investor interest and a potential rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100