UPDATE: Wells Fargo Starts UnitedHealth Group (UNH) at Overweight

Wells Fargo analyst Stephen Baxter initiates coverage on UnitedHealth Group (NYSE: UNH) with a Overweight rating and a price target of $478.00.

The analyst comments "We see UNH as the best combination of growth, diversification, and risk across the Managed Care group. UNH has leading health plan franchises and a proven health care services and technology strategy at a time when many competitors are in the "show-me" stage of their diversication beyond health benefits."

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 $408.63 yesterday.

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