Oscar Health Shares Surge 35% on Analyst Upgrade and ACA Subsidy Prospects
Oscar Health (OSCR) shares rallied 35% this week after Piper Sandler upgraded the stock to 'overweight' with a $25 price target. The health insurer's gains accelerated Wednesday following renewed Optimism about Affordable Care Act subsidy extensions.
Market analysts note Oscar is positioned to gain market share regardless of subsidy outcomes, with potential upside from policy tailwinds. The WHITE House's potential ACA subsidy extension could stabilize enrollment and benefit healthcare providers.