Anthem (ANTM) Misses Q3 EPS by 2c
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November 3, 2016 8:21 AM EDT
UBS analyst A.J. Rice reiterated a Buy rating and lowered his price target on Anthem (NYSE: ANTM) to $160.00 (from $162.00).
Rice commented, "Anthem expects its 2017 earnings to grow modestly versus its 2016 EPS outlook of "approximately" $10.80. In 2017, the company sees tailwinds to its earnings... More
November 3, 2016 7:16 AM EDT
Leerink 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
