BUZZ-Humana dips as Wells Fargo downgrades to "equal weight"

Reuters01-07
BUZZ-Humana dips as <a href="https://laohu8.com/S/EOD">Wells Fargo</a> downgrades to "equal weight"

Jan 7 - ** Shares of health insurance company Humana HUM.N down 1.3% premarket to $276.25

** Wells Fargo downgrades to "equal weight" from "overweight"; retains PT at $290

** Says a key overhang for stock is lack of clarity of Medicare Advantage $(MA)$ growth expectations for 2026

** Adds eventual improvement of MA star ratings seems likely, but visibility on timing and magnitude remains low

** Lowers 2026 adj. EPS estimates by 75 cents to $11.25

** 9 of 28 brokerages rate stock "buy" or higher, 18 "hold" and 1 "sell" or lower; median PT is $289 - data compiled by LSEG

** Stock rose ~1% in 2025, underperforming the S&P 500's .SPX 16.4% gain

(Reporting by Johann M Cherian in Bengaluru)

((johann.mcherian@thomsonreuters.com))

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