Mizuho raised the firm’s price target on UnitedHealth (UNH) to $430 from $300 and keeps an Outperform rating on the shares. The firm adjusted price targets in the healthcare facility and managed care space following an analysis of Medicare Advantage star ratings. The target changes are driven by increased earnings visibility on key issues along with the overall rotation into the healthcare sector, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UNH:
- UnitedHealth price target raised to $386 from $352 at Barclays
- ‘Keep Buying,’ Affirm Several Analysts about UnitedHealth Group (UNH) Ahead of Q3
- Why UnitedHealth Group Stock (UNH) Gets a Price Target Boost from Wells Fargo
- Mixed options sentiment in UnitedHealth with shares up 1.82%
- Morning News Wrap-Up: Wednesday’s Biggest Stock Market Stories!