Baird Maintains Neutral on Centene, Lowers Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Michael Ha has maintained a Neutral rating on Centene (NYSE:CNC) but has lowered the price target from $83 to $66.
October 25, 2024 | 12:15 pm
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Baird analyst Michael Ha has maintained a Neutral rating on Centene but has lowered the price target from $83 to $66, indicating a less optimistic outlook.
The lowering of the price target from $83 to $66 by Baird suggests a less optimistic view on Centene's future performance, which could lead to a negative short-term impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target is a bearish signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100