Centene, HCA Healthcare downgraded at BofA on impact from Trump’s tax bill

Jul. 16, 2025 10:06 AM ETCentene Corporation (CNC) Stock, HCA StockBy: Dulan Lokuwithana, SA News Editor14 Comments
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Bank of America on Wednesday downgraded managed care company Centene (NYSE:CNC) and hospital operator HCA Healthcare (NYSE:HCA), citing concerns related to President Donald Trump’s recently enacted One Big Beautiful Bill Act.

BofA analyst Joanna Gajuk downgraded Centene (NYSE:CNC), a

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