Wells Fargo lowered the firm’s price target on Centene (CNC) to $90 from $91 and keeps an Overweight rating on the shares. Following the bulk of earnings, the firm is updating models and detailed earnings bridges for each large cap MCO. Wells is not incorporating any election-related changes to its valuation framework at this time.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CNC:
- Centene call volume above normal and directionally bullish
- Centene price target lowered to $88 from $96 at Bernstein
- Centene price target lowered to $91 from $97 at Barclays
- Judge blocks Tapestry-Capri deal, Centene reports Q3 beat: Morning Buzz
- Early notable gainers among liquid option names on October 25th