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Piper Sandler Downgrades Humana (HUM) to Neutral

October 3, 2024 9:35 AM EDT

Piper Sandler analyst Jessica Tassan downgraded Humana (NYSE: HUM) from Overweight to Neutral with a price target of $274.00 (from $392.00).

The analyst comments "HUM published an 8K indicating only 1.6M, or 25%, of the company's MA/ SNP members are enrolled in plans rated 4.0+ Stars for 2025.... More

Raymond James Reiterates Market Perform Rating on Humana (HUM)

October 3, 2024 6:17 AM EDT

Raymond James analyst John Ransom reiterated a Market Perform rating and {REMOVEPT} price target on Humana (NYSE: HUM).

The analyst comments "HUM management hosted a call at noon today for the sell side, and the stock had a modest bounce from the initial sell-off, likely due to the not-zero chance that their appeal to CMS might succeed and that there are not zero offsets, including more TBC flexibility and the ability to migrate group MA members to a 4.5 Star plan. At the current price of $247/share (down ~$150 from the recent peak), we... More

Wells Fargo Reiterates Overweight Rating on Humana (HUM)

October 3, 2024 5:55 AM EDT

Wells Fargo analyst Stephen Baxter reiterated an Overweight rating and $387.00 price target on Humana (NYSE: HUM)

The analyst comments "Analysis of Plan Finder. Our review of Medicare Plan Finder suggested that contracts H5216, H5619, H6622, H0028, and H5525 were potentially at risk if filtering functionality was indicative of actual results. Of the... More

Bernstein SocGen Group Reiterates Market Perform Rating on Humana (HUM)

October 3, 2024 5:52 AM EDT

Bernstein SocGen Group analyst Lance Wilkes reiterated a Market Perform rating and $405.00 price target on Humana (NYSE: HUM)

The analyst comments "Yesterday HUM issued a press release outlining their MA offerings for 2025, which was marketing like in tone, presenting how attractive the plans are for... More

ConAgra (CAG) PT Lowered to $31 at Citi

October 3, 2024 5:41 AM EDT

Citi analyst Thomas Palmer lowered the price target on ConAgra (NYSE: CAG) to $31.00 (from $33.00) while maintaining a Neutral rating.

The analyst comments "The CAG shares were down 8% today (the most among packaged food stocks by 500+bps) after reporting a sizable 1Q25 sales and... More

Stifel Reiterates Hold Rating on ConAgra (CAG)

October 3, 2024 5:29 AM EDT

Stifel analyst Matthew Smith reiterated a Hold rating and $30.00 price target on ConAgra (NYSE: CAG).

The analyst comments "Conagra reported a weaker-than-expected first quarter with sales, margin performance, and lower equity earnings relative to our estimates. EPS of $0.53 was down 20% and $0.06 below our estimate.... More

Goldman Sachs Reiterates Conviction Buy Rating on ConAgra (CAG)

October 3, 2024 5:21 AM EDT

Goldman Sachs analyst Leah Jordan reiterated a Conviction Buy rating and $36.00 price target on ConAgra (NYSE: CAG).

The analyst comments "CAG traded down -8% (vs S&P 500 flat) after F1Q results and reiterated FY25 guidance. While the quarter came in softer-than-expected, in part due to a temporary manufacturing disruption with its Hebrew... More