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Fly News Breaks for September 10, 2018
ANTM
Sep 10, 2018 | 07:06 EDT
Citi analyst Ralph Giacobbe downgraded Anthem to Neutral with an unchanged price target of $290. The analyst is taking a more selective view of the managed care sector into year-end and 2019, citing "some reservations" about the commercial risk market. He sees more limited upside to estimates making it difficult to push valuations meaningfully higher "from already-premium levels."
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