Cantor Fitzgerald Starts Humana (HUM) at Buy; Medicare Is A Large Opportunity

June 19, 2012 4:41 PM EDT
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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Cantor Fitzgerald initiates coverage on Humana (NYSE: HUM) with a Buy. PT $95.00.

Analyst, Joseph D. France, said, "Although its commercial business is relatively weak, Humana's large Medicare book is growing rapidly because of baby boomers aging into Medicare and choosing managed care, and the company's long-term strategy of reinvesting in more cost effective products that preserve the benefits its members find most attractive. This strategy, leveraged by greater consumer engagement, has also fostered better medical management. This has proven a competitive advantage as the government has implemented a program to cut Medicare Advantage reimbursement by 15% over a period of years."

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 $79.32 yesterday.


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