RBC raises Elevance Health price target to $455 and keeps Sector Perform rating

RBC Capital increased its price target for Elevance Health from $424 to $455 while maintaining a Sector Perform rating. The firm also lifted its 2026 adjusted EPS guidance to at least $29.00, citing strong EPS growth and better Medicaid and ACA margins. Truist similarly raised its target to $500, keeping a Buy rating. Elevance Health is currently trading around $434.

RBC says the higher target reflects improved earnings outlook, which could support further upside for the stock. The new target may influence investors’ valuation models and trading decisions.

  • 1RBC raised its price target for Elevance Health from $424.00 to $455.00.
  • 2RBC kept a Sector Perform rating on Elevance Health.
  • 3RBC raised its 2026 adjusted EPS guidance to at least $29.00.
  • 4Truist raised its price target for Elevance Health from $475 to $500 and kept a Buy rating.
  • 5Elevance Health was trading at $434.13 at the time of the report.
  • 6GuruFocus reported a GF Score of 89/100 for Elevance Health.

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