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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.

Image source: Getty Images.

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Source Fool.com

UnitedHealth Group Inc. Stock

€284.00
-0.800%
The price for the UnitedHealth Group Inc. stock decreased slightly today. Compared to yesterday there is a change of -€2.300 (-0.800%).
With 73 Buy predictions and 2 Sell predictions UnitedHealth Group Inc. is one of the favorites of our community.
With a target price of 350 € there is a positive potential of 23.24% for UnitedHealth Group Inc. compared to the current price of 284.0 €.
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