Deutsche Bank raised the firm’s price target on UnitedHealth (UNH) to $625 from $595 and keeps a Buy rating on the shares ahead of Wednesday’s investor conference. The firm believes investor positioning into the event is mostly neutral to positive, with almost no one expecting a negative revision versus the Q3 outlook. Deutsche increased the price target multiple one turn to reflect the recent re-rating of the stock on an improve managed care outlook post the election.
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