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UnitedHealth price target lowered to $603 from $604 at Barclays

Barclays lowered the firm’s price target on UnitedHealth (UNH) to $603 from $604 and keeps an Overweight rating on the shares. The firm says that following a “chaotic first week” of Q3 earnings that featured material medical loss ratio misses and negative outlook surprises, it evaluated the resets and read-throughs from UnitedHealth’s and Elevance Health’s earnings reports.

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