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Fly News Breaks for November 28, 2018
UNH
Nov 28, 2018 | 05:10 EDT
Piper Jaffray analyst Sarah James raised her price target for UnitedHealth to $312 and increased her estimates following the company's investor day. Management laid out a 10-year plan which includes a half trillion in revenue, lots more tech, and becoming the largest prescription delivery service that delivers within 1 hour of the script being written, James tells investors in a research note titled "The Future is UNH; Taking Up Numbers and Bullish on 10Y Outlook." She believes the 10-year growth trajectory by segment reads bullish and continues to recommend adding to positions at these levels. James keeps an Overweight rating on UnitedHealth.
News For UNH From the Last 2 Days
UNH
Mar 28, 2024 | 15:22 EDT
What has Wall Street been buzzing about this week? Here are the top 5 Bu-y calls and the top 5 Sell calls made by Wall Street’s best analysts during the week of March 25-28. Find all top-rated... To see the rest of the story go to thefly.com. See Story Here
UNH
Mar 28, 2024 | 06:51 EDT
BofA downgraded Molina Healthcare (MOH) to Underperform from Neutral with a $439 price target. The firm, which is concerned that Molina and the Medicaid industry more broadly are likely to face rate pressure after a period of elevated margins, sees a less attractive risk/reward for Molina compared to other insurers the firm covers, the analyst tells investors. Molina is now trading roughly at parity with the firm's top pick in the space, UnitedHealth (UNH), compared to a 22% discount that had been seen over the last five years, helping to underscore the firm's view that "sentiment for Medicaid is nearing a top just at a time when Medicare is reaching a bottom," the analyst added.