Anthem Reports Third Quarter 2016 Results
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Leerink Partners Raises Price Target on Anthem (ANTM) to $160 Following 3Q EPS Miss
November 3, 2016 7:16 AM EDTLeerink Partners reiterated an Outperform rating on Anthem (NYSE: ANTM), and raised the price target to $160.00 (from $155.00), following the company's 3Q earnings report. ANTM reported a 2c miss vs. consensus, with EPS coming in at $2.45 on a revenue beat. The miss was driven mostly by SG&A and to a much lesser extent on a Consolidated MLR miss.
Analyst Ana Gupte commented, "We are more positive on... More
