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Truist raised Centene's price target to $49, citing strong performance and growth prospects in government health plans.
Truist Securities raised its price target for Centene (CNC) to $49 from $43 and kept its "Buy" rating after positive talks with management.
The firm cited stronger visibility into Centene’s operations, particularly in Medicaid and Medicare Advantage, along with solid financial performance and disciplined cost management.
Truist highlighted the company’s strategic focus on expanding government health plans and improving digital platforms, boosting confidence in its long-term growth despite sector uncertainties.
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Truist elevó el precio objetivo de Centene a 49 dólares, citando un fuerte desempeño y perspectivas de crecimiento en los planes de salud del gobierno.