Baird lowered the firm’s price target on Humana (HUM) to $297 from $300 and keeps a Neutral rating on the shares as part of an update on the managed care and healthcare facilities group. The firm is increasingly cautious on Medicaid and the healthcare exchange.
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Read More on HUM:
- Humana implements measures to expedite approvals
- MA Stars loss for Humana baked into earnings bridge, says Morgan Stanley
- Humana investors assumed low odds of Stars suit success, says Wells Fargo
- Humana loses CMS lawsuit, as expected, says Mizuho
- Humana can refile Stars lawsuit at later date, says Barclays
