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Why Did Elevance Health Plunge 10.12% After Baird Downgrade?

Generated by AI AgentAinvest Movers Radar

Thursday, Apr 17, 2025 6:52 am ET1min read

On April 17, 2025, Elevance HealthELV-- experienced a significant drop of 10.12% in pre-market trading, indicating a notable shift in investor sentiment towards the company.

On April 15, 2025, Baird downgraded their outlook for Elevance Health from Outperform to Neutral. This change in rating suggests that analysts at Baird have revised their expectations for the company's future performance, potentially due to concerns over market conditions or internal challenges.

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