Susquehanna reported on Wednesday that it has maintained a “Positive” rating on UnitedHealth Group Inc. (UNH
The firm has reiterated a “Positive” rating on UNH, and has increased the company’s price target from $81 to $84. This new price target suggests a 15% upside from the stock’s current price of $71.63.
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In the report the firm noted, "We expect the managed care group will post solid third quarter results beginning when UNH kicks of earnings on October 17. The earnings period will matter for the group as Humana will offer specific EPS guidance for 2014 and others, particularly UNH, are likely to offer at least some preliminary expectations for next year."
UnitedHealth shares were mostly flat during Wednesday morning trading. The stock is up 32% YTD.
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