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Fly News Breaks for November 1, 2018
ANTM
Nov 1, 2018 | 07:42 EDT
SunTrust analyst David MacDonald raised his price target on Anthem to $315 after its Q3 earnings beat, saying the results highlighted the company's "solid core trends, improving medical costs, ongoing cost savings/efficiency initiatives, and encouraging initial 2019 commentary". The analyst also keeps his Hold rating on Anthem, noting that while he awaits a ramp in membership growth, he is positive on the company's position in terms of anticipated government business in 2019 and beyond.
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