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Humana price target raised to $322 from $283 at RBC Capital

RBC Capital raised the firm’s price target on Humana (HUM) to $322 from $283 and keeps an Outperform rating on the shares. The management has emphasized 2028 as a key target for stars bonus recovery at Humana’s 2025 Investor Day, but the firm is encouraged by the management’s optimistic tone over strong NPS scores, internal patient experience surveys, and member efficacy as evidenced by strong membership recapture, the analyst tells investors in a research note. These indicate better than expected positioning in the wake of significant plan design changes into 2025, RBC added.

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