UPDATE: Morgan Stanley Initiates Coverage on Humana as Medicare Advantage will be Long-Term Growth Driver
November 21, 2013 at 10:15 AM EST
In a report published Thursday, Morgan Stanley analyst Andrew Schenker initiated coverage on Humana (NYSE: HUM ) with an Equal-Weight rating. In the report, Morgan Stanley noted, “Medicare Advantage will be a long-term growth driver for HUM. Strong positioning in individual exchanges should lead to enrollment growth. However, funding gaps