Stephens & Co. Maintains Overweight on UnitedHealth Group, Lowers Price Target to $605
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Scott Fidel has maintained an Overweight rating on UnitedHealth Group (NYSE:UNH) but reduced the price target from $615 to $605.
January 16, 2024 | 2:28 pm
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NEUTRAL IMPACT
UnitedHealth Group's Overweight rating is maintained by Stephens & Co., but the price target is lowered from $615 to $605.
While the Overweight rating suggests that Stephens & Co. still sees UnitedHealth Group as a good investment, the reduction in the price target could signal a slightly less optimistic outlook on the company's short-term price performance. This might lead to a neutral short-term impact on the stock as the positive sentiment from the Overweight rating could be offset by the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100