Wells Fargo lowered the firm’s price target on Agilon Health (AGL) to $4 from $8 and keeps an Overweight rating on the shares as the firm updates Managed Care estimates post-election. All estimates assume the expiration of enhanced exchange subsidies for 2026, Wells notes. The firm believes Medicare Advantage risk/reward improves with Republicans, although areas of concern still exist.
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Read More on AGL:
- Agilon Health price target lowered to $1.75 from $2.50 at Citi
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