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Fly News Breaks for July 19, 2019
UNH
Jul 19, 2019 | 08:12 EDT
Raymond James analyst John Ransom raised his price target for UnitedHealth Group to $300 from $265 and reiterates a Strong Buy rating on the shares following the company's "modest beat and raise quarter." The analyst attributes part of the post-earnings selloff yesterday to the lower revenue commentary, which he notes was impacted by $2.5B in "low-to-no" margin Cigna retail PBM business transitioning to Cigna.
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.