Wells Fargo Upgrades Humana (HUM) to Outperform; Compelling Valuation
Get Alerts HUM Hot Sheet
Price: $325.30 -0.92%
Rating Summary:
16 Buy, 16 Hold, 0 Sell
Rating Trend: Down
Today's Overall Ratings:
Up: 6 | Down: 4 | New: 2
Rating Summary:
16 Buy, 16 Hold, 0 Sell
Rating Trend: Down
Today's Overall Ratings:
Up: 6 | Down: 4 | New: 2
Join SI Premium – FREE
Wells Fargo upgraded Humana (NYSE: HUM) from Market Perform to Outperform with a price target range $87-96.
Analyst, Peter Costa, said, "We continue to view Medicare Advantage as a key tool to manage seniors' health care costs and help control Federal spending on Medicare. We view Humana as well positioned within Medicare Advantage and expect it to grow more rapidly than most other health insurers, not just from increasing its market share, but also due to the growing senior demographic and relative under-penetration of managed care in the senior population. Furthermore, we believe Humana has less risk associated with the upcoming Supreme Court ruling on health reform, since its key business is Medicare Advantage."
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 $75.75 yesterday.
Analyst, Peter Costa, said, "We continue to view Medicare Advantage as a key tool to manage seniors' health care costs and help control Federal spending on Medicare. We view Humana as well positioned within Medicare Advantage and expect it to grow more rapidly than most other health insurers, not just from increasing its market share, but also due to the growing senior demographic and relative under-penetration of managed care in the senior population. Furthermore, we believe Humana has less risk associated with the upcoming Supreme Court ruling on health reform, since its key business is Medicare Advantage."
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 $75.75 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Humana (HUM) PT Lowered to $381 at Jefferies
- Wells Fargo Starts Engene Holdings Inc. (ENGN) at Overweight
- Morgan Stanley Upgrades Galp Energia (GALP:SM) (GLPEY) to Equalweight
Create E-mail Alert Related Categories
UpgradesRelated Entities
Wells FargoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!