Assenagon Asset Management S.A. sold its shares in
Centene Corporation along with several other firms, signaling investor caution. However, purchases by
Sendero Wealth Management LLC and Thrivent Financial indicate potential impending value of
Centene's stock.
Cantor Fitzgerald reiterated its neutral stance, while
Jim Cramer expressed negative statements about Centene's reliance on subsidies and described the situation as «brutal». Amid financial shifts, Centene reaffirmed its
2025 earnings guidance, sparking an uptick in
stock trades.
California Public Employees Retirement System and
Daiwa Securities Group Inc. sold shares, along with a large sell-off by
AQR Capital Management. Despite significant losses,
Centene was praised for its robust company culture and a significant investment in tackling food insecurity. Critics argue Centene's recent rebound isn't sufficient to close its valuation gap.
Morgan Stanley and
Bank of America downgraded Centene's stock, while its position was raised by
Globeflex Capital L P. Mixed responses from investors see
Centene as a risky buy with significant potential while others predict stark losses and cut price targets.
Centene Corporation CNC News Analytics from Sun, 09 Mar 2025 08:00:00 GMT to Fri, 19 Dec 2025 12:53:26 GMT -
Rating -2
- Innovation 0
- Information 5
- Rumor -3
