Why UnitedHealth Stock Is Soaring Today
Shares of UnitedHealth Group (NYSE: UNH) are rising on Tuesday, up 8.8% as of 2:23 p.m. ET. The jump comes as the S 500 and the Nasdaq Composite ticked up slightly.
The struggling healthcare giant's stock is spiking after it submitted a regulatory filing that suggests it is on track to hit targets for its premium plan enrollment, despite its recent troubles.
The company's data shows 78% of its Medicare Advantage members will be enrolled in plans with quality ratings of at least four stars next year. That's the target laid out by former CEO Andrew Witty this summer that many investors feared UnitedHealth would fail to meet.
Source Fool.com
UnitedHealth Group Inc. Stock
€282.45
-0.840%
The stock is one of the favorites of our community with 72 Buy predictions and 2 Sell predictions.
As a result the target price of 350 € shows a positive potential of 23.92% compared to the current price of 282.45 € for UnitedHealth Group Inc..
