Mizuho Securities Raises Price Target on UnitedHealth Group (UNH) Following 2Q15 Results

Oppenheimer Raised Price Target to $140 Following UnitedHealth Group's (UNH) EPS Beat

July 17, 2015 9:23 AM EDT

Oppenheimer maintained Outperform rating on UnitedHealth Group (NYSE: UNH), and raised the price target to $140.00 (from $133.00), following 2Q15 earnings release. UNH reported 2Q15 EPS of $1.64 vs. Street consensus of $1.58.

Analyst Michael Wiederhorn commented, "UNH reported 2Q15 EPS of $1.64 vs. our estimate of $1.57 and Street consensus... More

Leerink Partners Raises Price Market on UnitedHealth Group (UNH) Following 2Q EPS Beat

July 17, 2015 9:10 AM EDT

Leerink Partners maintained an Outperform rating on UnitedHealth Group (NYSE: UNH), and raised the price target to $160.00 (from $155.00), UNH posted a 6c EPS beat at $1.64. Revenues of $36.3b beat consensus estimates of $35.66b.

Analyst Ana Gupte commented, "UNH posted a 6c EPS beat in 2Q15 with an 8c EPS guidance raise. Revenues also beat, with guidance raised by $11B to reflect early close of the CTRX transaction, to $154B. The... More

Wedbush Raises Price Target on UnitedHealth Group (UNH) Following 2Q15 Results

July 17, 2015 8:47 AM EDT

Wedbush maintained an Outperform rating on UnitedHealth Group (NYSE: UNH), and raised the price target to $143.00 (from $138.00), following 2Q15 results. Analyst Sara James says that the Optum strategy to grow external sales and expand existing relationships is tracking in-line to better than expectations.... More

Market Wrap: Nasdaq Hits Record on Tech Rally; Amazon has Last Laugh with Prime Day; TECO Energy Explores Sale

July 16, 2015 5:21 PM EDT

Market wrap for July 16th

End of the Day: S&P 500 up 16.9 to 2,124.29; Dow Jones up 70.1 to 18,120.25; Nasdaq up 64.2 to 5,163.18

Market Brief: U.S. markets gained early following a positive vote by Greece for a bailout plan approved by European creditors. Eurozone finance ministers are expected to approve the plan today and tomorrow.

The Nasdaq closed at a record high Thursday as overall sentiment behind Apple, Amazon, Netflix, and others remained positive.

Several big companies reported quarterly results on Thursday, including... More

Mizuho Securities Maintains Buy on UnitedHealth Group (UNH) Following 2Q15 Results

July 16, 2015 8:18 AM EDT

Mizuho Securities maintains a Buy rating and $146.00 price target on UnitedHealth Group (NYSE: UNH) following 2Q15. UNH reported an EPS beat for 2Q of $1.64 vs Street's $1.59 estimate. Revenues of $36.3B Beat Street's $35.66B estimate.

Analyst Sheryl Skolnick commented, "UNH's results... More

Wall St. opens higher on strong quarterly reports

July 16, 2015 7:33 AM EDT

(UPDATED 10:20 AM ET)

By Tanya Agrawal

(Reuters) - Wall Street rose sharply on Thursday as the Greek parliament approved a bailout plan and bluechip companies such as Citigroup (NYSE: C), eBay (NASDAQ: EBAY) and Netflix (NASDAQ: NFLX) reported strong results.

After the Greek vote, the European Central Bank slightly raised its emergency funding for Greek banks to help them partially reopen after euro zone governments agreed in principle to grant Athens a new... More

UnitedHealth Group (UNH) Tops Q2 EPS by 5c

July 16, 2015 6:09 AM EDT

UnitedHealth Group (NYSE: UNH) reported Q2 EPS of $1.64, $0.05 better than the analyst estimate of $1.59. Revenue for the quarter came in at $36.3 billion versus the consensus estimate of $35.66 billion.

Highlights:

Second quarter earnings from operations were $2.9 billion and net earnings of $1.64 per share increased 15 percent year-over-year. The after-tax margin of 4.4 percent was steady, expanding 10 basis points year-over-year.Second quarter 2015... More

Trading Radar for 7/16: Goldman Sachs (GS), Google (GOOGL), Citi (C), eBay (EBAY), UnitedHealth (UNH), AMD (AMD) Report

July 15, 2015 2:16 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 283kContinuing Claims - Street sees 2.275M

Earnings:

Amira Nature Foods (NYSE: ANFI) - consensus EPS $0.49
BB&T Corp. (NYSE: BBT) - consensus EPS $0.69
Blackstone (NYSE: BX) - consensus EPS $0.50
Campus Crest Communities (NYSE: CCG) - consensus EPS $0.15
Citigroup (NYSE:... More