RBC Capital Maintains Outperform on Humana, Lowers Price Target to $507
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Ben Hendrix has maintained an Outperform rating on Humana (NYSE:HUM) but has reduced the price target from $599 to $507.
January 19, 2024 | 1:48 pm
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RBC Capital analyst Ben Hendrix maintains an Outperform rating on Humana but lowers the price target from $599 to $507, indicating a potential decrease in stock valuation.
The reduction in price target by RBC Capital suggests that they see less upside potential for Humana's stock price in the short term. This could lead to a negative investor sentiment and a potential decrease in the stock price as the market adjusts to the new analyst expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100