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Centene price target raised to $44 from $35 at Barclays

Barclays analyst Andrew Mok raised the firm’s price target on Centene (CNC) to $44 from $35 and keeps an Equal Weight rating on the shares following the Q3 report. The company’s 2025 Medicaid margins are ending the year higher, helped by actions in Florida and New York, but Centene no longer expects 2026 margin improvement, the analyst tells investors in a research note.

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