Mizuho Securities Reiterates Buy on UnitedHealth Group (UNH) Following a Hiring Report

Mizuho Securities reiterated a Buy rating and $150.00 price target on UnitedHealth Group (NYSE: UNH) following a report, by the Minneapolis Star-Tribune, that UNH is hiring 1,700 new employees combined for both UHC and Optum through March 2016. It is also possible that UNH could hire another 1,000 who could work remotely from anywhere in the country.

Analyst Sheryl Skolnick commented, "The Minneapolis Star-Tribune reported yesterday that UNH is hiring 1,700 new employees combined for both UHC and Optum through March 2016. Customer service reps and others could make up an additional 140 new positions in Duluth. Companies who are hiring rarely miss estimates, in our view. We reiterate our Buy rating and $150 one-year PT."

For an analyst ratings summary and ratings history on UnitedHealth Group click here. For more ratings news on UnitedHealth Group click here.

Shares of UnitedHealth Group closed at $119.65 yesterday.

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