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Jefferies Upgrades UnitedHealth Group (UNH) to Buy

May 23, 2011 7:07 AM EDT
Get Alerts UNH Hot Sheet
Price: $486.18 -1.03%

Rating Summary:
    28 Buy, 6 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 11 | New: 13
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Jefferies upgraded UnitedHealth Group (NYSE: UNH) from Neutral to Buy and raised their price target to $60.

The firm states, "UNH produced broadbased operational outperformance in 1Q. We now have higher comfort that cost trend can benefit not only MA and Medicaid books, but also Commercial with a still adequate gap to the floor. UNH's strategic leadership is well-known."

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 $49.74 yesterday.


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