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Humana HUM - News Analyzed: 5,212 - Last Week: 100 - Last Month: 398

↝ Mixed Signals for Humana as Price Targets Increase Amid Legal Investigation and Ratings Plunge

Mixed Signals for Humana as Price Targets Increase Amid Legal Investigation and Ratings Plunge
Humana (HUM) has seen a multitude of events impacting its business and share price. Announcing Q4 2024 earnings release and 2025 financial guidance, it was subject to an investigation initiated by a former Louisiana Attorney General. Despite some underperformance compared to competitors, the price target for Humana was increased to $290 from $260. Yet, due to growth versus rising costs, the firm is held by cautious investors. Significant purchases were made by First Hawaiian Bank. However, Humana saw a decline in membership for its top-rated Medicare plans. Despite mixed news, including appointment of a new CIO to lead digital transformation and the CFO transition, the firm's stock has been vulnerable with Medicare ratings causing a plunge and merger talks with Cigna ending. Conversely, Humana reported Q3 earnings beating estimates on rising premiums and cost management with its stock seen as a potential buy at 52-week lows.

Humana HUM News Analytics from Wed, 31 Jul 2024 07:00:00 GMT to Fri, 10 Jan 2025 22:44:00 GMT - Rating -1 - Innovation -2 - Information 7 - Rumor -5

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