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Oscar Health price target lowered to $11 from $14 at Wells Fargo

Wells Fargo lowered the firm’s price target on Oscar Health (OSCR) to $11 from $14 on lower odds for enhanced subsidy extension, while keeping an Underweight rating on the shares. The firm is updating estimates and model assumptions following Q3 and greater visibility into 2026 market dynamics. Wells sees Oscar Health as a clear share gainer in 2026, making it harder to underwrite MLR improvement.

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