Goldman Sachs Downgrades Humana (HUM) to Sell

November 7, 2012 8:09 AM EST Send to a Friend
Get Alerts HUM Hot Sheet
Price: $146.47 -1.74%

Rating Summary:
    7 Buy, 12 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 14 | Down: 28 | New: 51
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Goldman Sachs downgraded Humana (NYSE: HUM) from Neutral to Sell with a price target of $62.00 (from $77.00), suggesting 19% downside.

"With health reform now more likely to move ahead following the election outcome, we see greater downside risk to Medicare Advantage, which we estimate comprises over 70% of the HUM's earnings."

For an analyst ratings summary and ratings history on Humana click here. For more ratings news on Humana click here.

Shares of Humana closed at $76.16 yesterday.


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