BofA Double Upgrades Centene to Buy Rating in Research Calls
Bank of America upgraded Centene to Buy from Underperform on April 29 in a double upgrade. The brokerage included Centene among its five most significant upgrade calls for that day.
1. BofA Rating Change
On April 29, Bank of America elevated Centene's rating from Underperform to Buy in what it termed a double upgrade. No new price target was disclosed alongside the rating shift.
2. Placement Among Top Upgrades
This upgrade formed part of BofA's five headline research calls for the day, highlighting Centene alongside Celestica, Victoria's Secret, Molina Healthcare, and Elevance Health as key buy candidates.