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Fly News Breaks for April 26, 2018
ANTM
Apr 26, 2018 | 07:29 EDT
JPMorgan analyst Gary Taylor upgraded Anthem to Overweight from Neutral and raised his price target for the shares to $287 from $261. The analyst continues to be comfortable with the near-term trajectory of medical cost trends for the health insurance industry and maintains a long-term preference to own payors over providers. He believes Anthem's Q1 performance "set the stage" for 2018 earnings upside.
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