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
€269.00
1.050%
The stock is one of the favorites of our community with 78 Buy predictions and 3 Sell predictions.
As a result the target price of 331 € shows a positive potential of 23.05% compared to the current price of 269.0 € for UnitedHealth Group Inc..
