Goldman Sachs Ups Price Target on UnitedHealth (UNH) After Solid Q4

Goldman Sachs raised its price target on UnitedHealth Group (NYSE: UNH) from $56 to $60 following Q4 results but maintains its Neutral rating and 2012-2013 EPS forecast.

The firm called the Q4 results "strong and high quality" and disagree with the negative read-through to commercial trends. More broadly, they think the underwriting cycle has moderated significantly although they expect it to remain positive through at least 2013.

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 $52.32 yesterday.

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