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Goldman Sachs Raises Price Target on Humana (HUM) After CEO Meeting

December 2, 2011 8:38 AM EST
Get Alerts HUM Hot Sheet
Price: $389.05 +1.06%

Rating Summary:
    15 Buy, 19 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs raised its price target on Buy-rated Humana (NYSE: HUM) from $101 to $104 following recent meetings with CEO Mike McAllister in California. The firm maintained EPS at $8.45/$8.25/$9.10 versus Street $8.44/$7.98/$8.90.

The firm comments, "Humana sees continued favorable trends across its businesses with MA growth the key but with also a more positive view on commercial pricing as compared with other recent perspectives."

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 $89.03 yesterday.


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