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Centene price target raised to $58 from $50 at Mizuho

Mizuho analyst Ann Hynes raised the firm’s price target on Centene (CNC) to $58 from $50 and keeps a Neutral rating on the shares. The firm views the Q1 reports in the manage care group as solid. It cites a reduced likelihood of negative medical loss ratio shifts through the end of 2026 for the target bump.

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