Centene price target raised to $49 from $47 at Truist

Truist raised the firm’s price target on Centene (CNC) to $49 from $47 and keeps a Buy rating on the shares. The firm is bullish on the stock following upbeat management meetings, adding that it sees attractive margin opportunities across segments, the analyst tells investors in a research note. Truist adds it is encouraged by initiatives in place to drive ongoing improvement and looks for a continuation of progress toward further unlocking earnings power across the business.