Jefferies Downgrades Centene to Hold, Lowers Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst David Windley has downgraded Centene (NYSE:CNC) from Buy to Hold and lowered the price target from $83 to $69.
July 24, 2024 | 10:51 am
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NEGATIVE IMPACT
Jefferies analyst David Windley downgraded Centene from Buy to Hold and reduced the price target from $83 to $69.
The downgrade from Buy to Hold and the significant reduction in the price target from $83 to $69 by a reputable analyst is likely to negatively impact investor sentiment and the stock price of Centene in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100