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Medicaid may come under pressure, says Morgan Stanley, downgrades Elevance Health (ELV.US)
Generated by AI AgentMarket Intel
Wednesday, Dec 18, 2024 2:50 am ET1min read
Morgan Stanley downgraded Elevance Health (ELV.US) to "Hold" from "Overweight" on Tuesday, citing pressure on the company's Medicaid business due to changes in the severity levels of its membership base following the reinstatement of US state-level eligibility reviews.
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