TD Cowen, Jefferies slash ratings of insurer Humana to "Hold"

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Bernstein SocGen Group Upgrades Humana (HUM) to Outperform

October 8, 2024 5:50 AM EDT

Bernstein SocGen Group analyst Lance Wilkes upgraded Humana (NYSE: HUM) from Market Perform to Outperform with a price target of $308.00 (from $405.00).

The analyst comments "We are updating our model, decreasing our target price, but upgrading our rating to Outperform based on a view that risks are being incorporated into expectations and price, coupled with improving sector outlook and potential upside catalysts. Upgrading HUM, our investment thesis - We believe HUM is now an attractive... More