Baird upgrades Humana to Outperform and lifts price target to $596

On October 9, 2026 Baird raised its rating on Humana Inc. (HUM) from Neutral to Outperform. The broker also increased its price target from $390 to $596, implying a 52.82% upside. Humana’s shares closed at $387.12, down 2.37% on the day.

The higher rating and new $596 target suggest potential upside for investors, according to Baird’s upgrade. The price target increase may influence analysts’ and investors’ expectations for the stock’s future performance.

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