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UnitedHealth Group (UNH) Announces Substantial Losses; Mizuho Securities Cuts Price Target to $131

November 20, 2015 7:09 AM EST

Mizuho Securities maintained a Buy rating on UnitedHealth Group (NYSE: UNH), and cut the price target to $131.00 (from $150.00), following the company's exchange losses and updated guidance. Management reported two sets of losses yesterday. Those affecting 4Q15, and those affecting 2016. Of the total of $700mm... More