HSBC Initiates Coverage On UnitedHealth Group with Hold Rating, Announces Price Target of $540
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Morten Herholdt has initiated coverage on UnitedHealth Group (NYSE:UNH) with a Hold rating and a price target of $540.
September 06, 2023 | 9:34 am
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UnitedHealth Group has been initiated with a Hold rating by HSBC, with a price target of $540.
The Hold rating from HSBC indicates a neutral outlook for UnitedHealth Group's stock in the short term. The price target of $540 suggests that HSBC believes the stock is fairly valued at this level. This could lead to a neutral or slight positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100