UBS Maintains a 'Buy' on UnitedHealth Group (UNH); Improved FY’11 Not Enough to Offset High Expectations in S-T
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Price: $390.11 +1.37%
Rating Summary:
31 Buy, 7 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
31 Buy, 7 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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UBS maintains a 'Buy' on UnitedHealth Group (NYSE: UNH), PT increased by $1 to $60.
UBS analyst says, "UNH delivered solid across the board Q2 and took up #’s although high expectations left the stock modestly underperforming for the day. That said, earnings expectations don’t appear as high for Aetna (NYSE: AET) / WellPoint (NYSE: WLP) next week, likely leaving more positive risk reward on any further group weakness. For UNH, we now model FY’11 EPS of $4.40 (vs. prior $4.30, and $0.15 above high end of guid) to reflect Q2 upside/favorable 2H tax rate. We move to $4.80 for 2012 and expect this may prove conservative as we lay out path to $5+ EPS next year."
For more ratings news on UnitedHealth Group click here and for the rating history of UnitedHealth Group click here.
Shares of UnitedHealth Group closed at $51.45 yesterday.
UBS analyst says, "UNH delivered solid across the board Q2 and took up #’s although high expectations left the stock modestly underperforming for the day. That said, earnings expectations don’t appear as high for Aetna (NYSE: AET) / WellPoint (NYSE: WLP) next week, likely leaving more positive risk reward on any further group weakness. For UNH, we now model FY’11 EPS of $4.40 (vs. prior $4.30, and $0.15 above high end of guid) to reflect Q2 upside/favorable 2H tax rate. We move to $4.80 for 2012 and expect this may prove conservative as we lay out path to $5+ EPS next year."
For more ratings news on UnitedHealth Group click here and for the rating history of UnitedHealth Group click here.
Shares of UnitedHealth Group closed at $51.45 yesterday.
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