JPMorgan Cuts PT on Centene Corporation (CNC) to $41 From $45 – Here’s Why

Centene Corporation (NYSE:CNC) is one of the best affordable stocks to buy with good earnings growth. JPMorgan cut the price target on Centene Corporation (NYSE:CNC) to $41 from $45 on March 19, reiterating a Neutral rating on the shares. The firm considers the stock’s 16% selloff in the past week as a reminder that Managed Medicaid “remains the subsection of managed care (and perhaps healthcare services) with the widest error bars in 2026.” JPMorgan cut the stock’s estimates to take into account near-term ...