Centene downgraded to Neutral at Cantor due to key markets uncertainty

8 hours ago 1
Notebook page with text MEDICAID, on a table with a stethoscope and pen, medical concept.

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Centene (NYSE:CNC) has been downgraded to Neutral from Overweight at Cantor citing heightened uncertainty in the company's core Health Insurance Exchange (HIX) and Medicaid markets.

Analysts said that despite Centene's more conservative assumptions compared to peer company Molina Healthcare (

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