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Why UnitedHealth Stock Popped on Wednesday


An analyst's price target increase for UnitedHealth Group (NYSE: UNH) stock was taken to heart by investors on Wednesday. Following news of the boost, they collectively pushed the large health insurer's stock up by almost 5% that trading session.

The person behind the raise was Wolfe Research prognosticator Justin Lake. Well before market open that day, he upped his price target on UnitedHealth to $375 per share from his previous $330. He maintained his outperform (i.e., buy) recommendation as he did so.

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Source Fool.com

UnitedHealth Group Inc. Stock

€347.40
0.170%
The UnitedHealth Group Inc. stock is trending slightly upwards today, with an increase of €0.60 (0.170%) compared to yesterday's price.
With 76 Buy predictions and 2 Sell predictions UnitedHealth Group Inc. is one of the favorites of our community.
With a target price of 366 € there is a slightly positive potential of 5.35% for UnitedHealth Group Inc. compared to the current price of 347.4 €.
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