UPDATE: Jefferies Raises Price Target on Humana to $107
According to Jefferies, Humana (NYSE: HUM) price target is raised to $107.
Jefferies said that HUM's 8K on Friday evening indicated Retail Medicare Advantage (MA) net adds should be higher than its previous guidance. “Our $107 PT reflects a '12 multiple of 13.4x. HUM trades at 11.6x '12E EPS, above peers but below historical averages.”
Humana closed on Friday at $92.25.







