Jefferies raised the firm’s price target on UnitedHealth (UNH) to $531 from $529 and keeps a Hold rating on the shares. The firm is tweaking its estimates and targets for Humana (HUM), UnitedHealth and Centene (CNC) after having analyzed which MCOs will capitalize on community MA retrenchment in 2024. The firm calculates the opportunity is 1%-3% of Humana’s 2024 EPS, while the opportunity for UnitedHealth is only 0.5% of 2024 EPS, the analyst tells investors.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on UNH:
- Options Volatility and Implied Earnings Moves This Week, October 09 – October 13, 2023
- Elizabeth Warren Asks Regulators to Scrutinize UnitedHealth-Amedisys Acquisition Deal
- UnitedHealth added to Q4 2023 Tactical Ideas List at Wells Fargo
- SCHX ETF: A Large-Cap ETF for Large Gains
- UnitedHealth management to meet with Jefferies
