RBC Capital Maintains Outperform on UnitedHealth Group, Lowers Price Target to $572
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Ben Hendrix has maintained an 'Outperform' rating on UnitedHealth Group (NYSE:UNH) but lowered the price target from $592 to $572.
July 17, 2023 | 1:47 pm
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NEUTRAL IMPACT
UnitedHealth Group's price target has been lowered by RBC Capital from $592 to $572, though the 'Outperform' rating is maintained.
The news is directly about UnitedHealth Group and is likely to influence investor sentiment. The lowering of the price target might suggest a slightly less optimistic outlook, but the maintenance of the 'Outperform' rating indicates that the analyst still expects the stock to do well. The impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100