Elevance Health saw its rating drop from “strong-buy” to “hold” by Baird R W, putting a speed bump in its investor love story. Other analysts, however, aren’t hitting the brakes quite yet—many still ...

High Medicare Advantage spending continues to dog major carriers such as Elevance Health and UnitedHealth Group.

Baird notes Elevance Health (ELV) pre-announced a Q1 earnings beat with adjusted EPS of $11.97 vs. $11.62 implied guide, vs. $11.32 street, vs.