Medicaid may come under pressure, says Morgan Stanley, downgrades Elevance Health (ELV.US)
Wednesday, Dec 18, 2024 2:50 am ET
1min 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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