Deutsche Bank Downgrades Humana to Hold, Lowers Price Target to $360
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst George Hill has downgraded Humana (NYSE:HUM) from Buy to Hold and reduced the price target from $595 to $360.
January 25, 2024 | 2:38 pm
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Humana's stock rating has been downgraded by Deutsche Bank from Buy to Hold, with a significant reduction in price target from $595 to $360.
A downgrade from Buy to Hold suggests that Deutsche Bank no longer sees the previous upside in Humana's stock price. Additionally, the substantial decrease in the price target could indicate a reassessment of Humana's future growth or profitability, which may lead to negative investor sentiment and a potential decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100