Anthem (ANTM) Tops Q4 EPS by 2c, Revenues Beat; Offers FY21 EPS Guidance Below Consensus, FY21 Revenue Outlook Above Consensus

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Go back to Anthem (ANTM) Tops Q4 EPS by 2c, Revenues Beat; Offers FY21 EPS Guidance Below Consensus, FY21 Revenue Outlook Above Consensus

Anthem (ANTM) PT Raised to $360 at Cowen, Sees Upside to Guidance

January 26, 2021 6:58 AM EST

Cowen analyst Charles Rhyee raised the price target on Anthem (NYSE: ANTM) to $360.00 (from $330.00) despite having an EPS estimate below consensus at $2.43 compared with the Consensus $2.52.

The analyst reiterated an Outperform rating, stating "We estimate MLR will come in at 89.7%, approx. in-line with... More