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Shares of Centene Corp (CNC) traded 40% lower on Wednesday after several brokerages lowered their price target on the stock on the heels of the health insurer withdrawing its 2025 financial guidance.
However, for Q1 2025, Centene Corporation (NYSE:CNC) stated that premium and service revenues rose by 17% to $42.5 billion ...
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Centene disclosed bad news to Wall Street. It owns a large coordinated care organization that serves six counties here.
S&P Global Ratings is considering whether to reclassify Centene Corp.'s credit ratings to junk, which would strongly impact its borrowing power. Centene, the top seller of ACA health plans, is ...
This conjecture is not overly bullish as well, as similarly observed in UNH's ongoing recovery from the May 2025 P/E bottom ...
Shares of Centene Corporation (NYSE:CNC – Get Free Report) hit a new 52-week low during trading on Thursday after Bank of America lowered their price target on the stock from $65.00 to $52.00 ...
Centene disclosed bad news to Wall Street. It owns a large coordinated care organization that serves six counties here.
Centene Corporation and its subsidiaries (Centene, the Company, our or we) intends such forward-looking statements to be covered by the safe-harbor provisions for forward-looking statements ...
The significant downgrade comes as UBS revised its earnings per share estimates for Centene, projecting a 55% decline to $3.25 for 2025 and a 45% decline to $4.50 for 2026.
Humana losing star ratings is a big set-back that lead to its share price falling by 7.5% before paring losses.