UnitedHealth (UNH) volatility increases as shares near record high into Q2 and outlook
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Leerink Partners Reiterates Outperform on UnitedHealth Group (UNH) Following 2Q Beat and Raise
July 20, 2016 7:18 AM EDTLeerink Partners reiterated an Outperform rating on UnitedHealth Group (NYSE: UNH), and raised the price target to $165.00 (from $155.00), following the company's 2Q earnings report. UNH reported a 7c EPS beat and $1.5B revenue beat with a conservative EPS guidance raise of 2.5c.
Analyst Ana Gupte commented, "Importantly, the Consolidated MLR miss of 40 bps was underpinned by a meaningfully conservative incremental estimated loss in the ObamaCare... More
