Shares of Centene Corp (CNC) traded 40% lower on Wednesday after several brokerages lowered their price target on the stock on the heels of the health insurer withdrawing its 2025 financial guidance.

What Happened? A number of healthcare stocks fell in the afternoon session after several negative developments weighed on the ...

This conjecture is not overly bullish as well, as similarly observed in UNH's ongoing recovery from the May 2025 P/E bottom ...

S&P Global Ratings is considering whether to reclassify Centene Corp.'s credit ratings to junk, which would strongly impact its borrowing power. Centene, the top seller of ACA health plans, is ...

Centene disclosed bad news to Wall Street. It owns a large coordinated care organization that serves six counties here.

Jefferies downgraded Centene (CNC) to Underperform from Hold with a price target of $52, down from $68. After analysis of Affordable Care Act Exchange data, the firm sees potential for ...

Centene disclosed bad news to Wall Street. It owns a large coordinated care organization that serves six counties here.

Investors soured on the sector when Elevance, an insurer, handed in disappointing results and shared a downbeat outlook.

Centene boasts the leading franchise, Ambetter, on the individual exchanges. With its technology investments and scale-related advantages, Centene aims to remain the low-cost leader in this market.