UnitedHealth Group (UNH) PT Raised to $647 at Jefferies

Jefferies analyst David Windley raised the price target on UnitedHealth Group (NYSE: UNH) to $647.00 (from $481.00) while maintaining a Hold rating.

The analyst commented: "The NT MLR outlook may not be crystal clear, but "clear enough" in 1Q/2Q to rotate focus to a '25 growth outlook that is favorable and improving over the past 2 months (election, bid conservatism, AMED). UHC should accomplish the rare feat of strong MA growth at better margin in '25 that facilitates OHealth growth and lifts valuation. Revisiting its 5-yr relative multiple of ~1x the SP500 would result in 18% upside. U/G to Buy, PT to $647."

You May Also Be Interested In

• Onto Innovation Inc. (ONTO) PT Raised to $450 at Oppenheimer
• Micron Technology (MU) PT Raised to $1,550 at Needham
• Goldman Sachs Reinstates Estee Lauder (EL) at Buy