Centene Corp
CNC: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$46.00 | Cddbrx | Pqqdvvqj |
Centene: Sticks to Longer-Term Goals at Investor Day
Narrow-moat Centene reiterated its long-term goals at its annual investor day. Most of these goals appear in line with our current expectations. However, we are raising our fair value estimate to $92 per share from $87 previously to reflect cash flows generated since we last changed our fair value estimate about a year ago.