Wolfe Makes Adjustments to Alpha List
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Humana (HUM) sinks 10% after cutting profit guidance on tempered Medicare Advantage growth outlook
January 18, 2024 6:49 AM ESTHumana Inc (NYSE: HUM) lowered its profit guidance today after it was forced to adjust its forecast for individual Medicare Advantage (MA) growth for the year ending December 31, 2024.
The company now anticipates approximately 100,000 new members, reflecting a 1.8% increase over its membership as of December 31, 2023, totaling around 5.4 million members.
This adjusted forecast deviates from... More
Microsoft (MSFT) Azure AI Services has $200bn revenue potential in 5 years - Goldman Sachs
January 16, 2024 10:45 AM ESTGoldman Sachs analyst Kash Rangan said in a note Tuesday that Microsoft's (NASDAQ: MSFT) Azure AI Services will likely be the main generative AI driver in the near term, with a $200 billion revenue potential in five years.
Rangan, who has a Buy rating and a $450 price target on the... More
