B of A Securities upgraded Elevance Health rating ELV buy with a price target of $575.00, changing its price target from $535.00 to $575.00.
Shares of Elevance Health are trading up 1.5% in the past 24 hours, at $496.71 per share.
A move to $575.00 would represent a 15.76% increase over the current stock price.
About Elevance Health
Elevance Health (formerly known as Anthem) remains one of the largest health insurers in the United States, providing medical benefits to approximately 45 million medical members. The company offers employer, individual and government coverage plans. Elevance sets itself apart from its peers through its unique position as the largest single provider of Blue Cross Blue Shield branded coverage, operating as a licensee for the Blue Cross Blue Shield Association in 14 states. Through acquisitions, such as the Amerigroup deal in 2012 and MMM in 2021, Elevance’s reach also extends beyond these states through government-sponsored programs such as Medicaid.
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