Mizuho Maintains Buy on Humana, Lowers Price Target to $400
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Ann Hynes has maintained a Buy rating on Humana Inc. (NYSE:HUM) but has reduced the price target from $550 to $400.
January 26, 2024 | 7:33 pm
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NEUTRAL IMPACT
Mizuho has maintained a Buy rating on Humana but lowered the price target from $550 to $400, indicating a potential downside from the previous target but still a positive outlook.
While the reduction in price target could suggest a less optimistic valuation of Humana's future stock price, the maintenance of a Buy rating indicates that the analyst still sees positive potential in the stock. This mixed signal may lead to a neutral short-term impact on the stock price as investors digest both the positive and negative aspects of the analyst's updated stance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100