Jefferies Boosts PT on UnitedHealth (UNH) On Better Earnings Visibility
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Price: $493.86 +1.35%
Rating Summary:
28 Buy, 6 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
Rating Summary:
28 Buy, 6 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
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Jefferies boosted its price target on UnitedHealth Group (NYSE: UNH) from $68 to $71 following a 13% Q1 EPS upside surprise helped by some one-timers worth about $0.14.
The firm comments, "Beyond EPS though, comments on better membership growth and minimal utilization increases were encouraging. We are raising our price target $3 to $71 on better 2012 earnings visibility. UNH remains our top diversified pick."
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 $58.71 yesterday.
The firm comments, "Beyond EPS though, comments on better membership growth and minimal utilization increases were encouraging. We are raising our price target $3 to $71 on better 2012 earnings visibility. UNH remains our top diversified pick."
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 $58.71 yesterday.
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