Wells Fargo Maintains Overweight on UnitedHealth Group, Lowers Price Target to $525
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Stephen Baxter has maintained an Overweight rating on UnitedHealth Group (UNH) but has lowered the price target from $600 to $525.
April 08, 2024 | 12:35 pm
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Wells Fargo maintains an Overweight rating on UnitedHealth Group but lowers the price target from $600 to $525.
The adjustment in price target by a major analyst like Wells Fargo, while maintaining an Overweight rating, suggests a continued positive outlook on UNH but with moderated expectations. This could lead to mixed reactions in the short term, as investors recalibrate their expectations based on the new price target.
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