Elevance (ELV) PT Raised to $397 at JPMorgan

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RBC Capital Downgrades Elevance (ELV) to Sector Perform

February 3, 2026 6:33 AM EST

RBC Capital analyst Ben Hendrix downgraded Elevance (NYSE: ELV) from Outperform to Sector Perform with a price target of $358.00 (from $392.00).

The analyst comments "While we are encouraged by managements confidence in underlying performance, we are stepping to the sidelines on the softer than... More