UnitedHealth (UNH) Stock Gains on Beat-and-Raise, Analysts Positive
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
UnitedHealth Group (UNH) PT Raised to $475 at BMO Capital
October 18, 2021 8:52 AM EDTBMO Capital analyst Matt Borsch raised the price target on UnitedHealth Group (NYSE: UNH) to $475.00 (from $435.00) while maintaining a Market Perform rating.
The analyst commented, "Following high quality 3Q results and view of a good setup for next year, we maintain our... More
UnitedHealth expects smaller hit from COVID-19 in 2022
October 14, 2021 6:03 AM EDTBy Manojna Maddipatla
(Reuters) -UnitedHealth Group Inc said it expected COVID-19 to have a smaller impact on its profit next year as infections decline and more people get vaccinated, sparking a rally in the shares of U.S. health insurers.
The company, the largest U.S. health insurer, on Thursday also put to rest concerns of an impact from the Delta variant in 2021 by raising its profit outlook.
... More