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Elevance Health price target raised to $400 from $380 at TD Cowen

TD Cowen raised the firm’s price target on Elevance Health (ELV) to $400 from $380 and keeps a Buy rating on the shares. The firm said it is a Best Idea for 2026. Managed care continues to be a complicated investment landscape, but we see the company’s current 2026 EPS consensus as appropriate and a basis for growth.

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