SunTrust analyst David MacDonald lowered his price target on Anthem to $300 to reflect market multiples and also kept his Hold rating after the company’s Q1 results. The analyst notes however that the quarter was “marked by enrollment growth across products” along with solid cash flow and a raise in FY19 outlook. MacDonald adds that he remains upbeat on Anthem’s government segment.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.