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UPDATE: Jefferies Raises PT on Humana Ahead of 2Q Earnings Report

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In a report published Wednesday, Jefferies analyst David Windley reiterated a Buy rating on Humana (NYSE: HUM), and raised the price target from $95.00 to $98.00.

In the report, Jefferies noted, “We expect MCOs to report 2Q earnings upsides. MCO commentary suggests utilization remains favorable, corroborated by Tenet's weak inpatient volumes and ISRG's weak capital equipment sales. We also highlight hot topics and headlines ahead of a flurry of important events over the next several months. AET remains our top MCO pick. We are modestly raising PTs for Diversifieds (still trading at a discount) on more stable outlooks.”

Humana closed on Tuesday at $85.18.

Latest Ratings for HUM

DateFirmActionFromTo
Aug 2017Morgan StanleyMaintainsOverweight
Aug 2017Deutsche BankMaintainsHold
Jul 2017Bank of AmericaMaintainsBuy

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Posted-In: David Windley JefferiesAnalyst Color Price Target Analyst Ratings

 

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