RBC Capital Maintains Outperform on Humana, Lowers Price Target to $353
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Frank Morgan has maintained an Outperform rating on Humana (NYSE:HUM) but has lowered the price target from $415 to $353.

April 25, 2024 | 4:10 pm
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RBC Capital maintains an Outperform rating on Humana but lowers the price target from $415 to $353.
While the maintenance of an Outperform rating suggests continued confidence in Humana's business performance and growth prospects, the reduction in the price target could reflect adjustments in market conditions, valuation concerns, or revised earnings expectations. This mixed signal might lead to short-term uncertainty among investors, potentially causing minor fluctuations in the stock price. However, the overall positive outlook indicated by the Outperform rating is likely to mitigate any significant negative impact.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100