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Humana upgraded to Buy from Hold at Jefferies

Jefferies analyst David Windley upgraded Humana (HUM) to Buy from Hold with a price target of $313, up from $253. The firm upped the company’s earnings estimates for 2026 and 2027 following an analysis of Humana’s Stars diversification effort. Humana’s voluntary churn and “significant” 2026 share gains should drive even higher Stars diversification than previously anticipated, the analyst tells investors in a research note.

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