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Elevance Health price target raised to $395 from $373 at Barclays

Barclays raised the firm’s price target on Elevance Health (ELV) to $395 from $373 and keeps an Overweight rating on the shares as part of a Q3 earnings preview for the health care facilities and managed care group. The firm continues to think Medicare is the most stable, Medicaid the most uncertain, and the Affordable Care Act exchanges are inflecting positively from both a fundamental and policy perspective.

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