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Synergy and Pure increased stakes in Elevance Health, which reported slightly below-expected earnings and 14.3% revenue growth.
Synergy Asset Management and Pure Financial Advisors increased their stakes in Elevance Health during the second quarter, with the company reporting $8.84 in earnings per share, slightly below estimates, and $49.42 billion in revenue, up 14.3% year-over-year.
CEO Gail Boudreaux and Director Susan D. Devore boosted their ownership through recent share purchases.
The stock has a market cap of $76.6 billion, a P/E ratio of 14.48, and a “Moderate Buy” consensus rating with a $411.06 price target.
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Synergy y Pure aumentaron sus participaciones en Elevance Health, que reportó ganancias ligeramente inferiores a las esperadas y un crecimiento de ingresos del 14,3%.