UnitedHealth Group (UNH) PT Raised to $260 at Deutsche Bank on Q4 Earnings Beat; 'Improved Visibility on Benefit from Tax Reform'
Deutsche Bank raised its price target on UnitedHealth Group (NYSE: UNH) to $260.00 (from $240.00) while maintaining a Buy rating, following the company's fourth quarter earnings report.
Analyst Chris Rigg notes an increased price target and raised estimates on the shares, as the company reported fourth quarter earnings per share and revenues above consensus projections, fueled by tax reform, with management expected to reinvest tax savings to improve overall system efficiencies and health outcomes over the longer-term.