Elevance Health Plunges 10.26% After Baird Downgrade
Generated by AI AgentAinvest Movers Radar
Friday, Apr 18, 2025 4:02 am ET1min read
ELV--
On April 18, 2025, Elevance Health's stock experienced a significant drop of 10.26% in pre-market trading, indicating a notable shift in investor sentiment.
Baird, a prominent investment bank, downgraded its outlook for Elevance HealthELV-- from "Outperform" to "Neutral" on April 15, 2025. This change in rating suggests a more cautious stance on the company's future performance, which likely contributed to the recent decline in stock price.
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