UnitedHealth Group "buy"

20.04.06 - Stifel Nicolaus

NEW YORK, April 20 (newratings.com) - Analysts at Stifel Nicolaus & Company maintain their "buy" rating on UnitedHealth Group Inc (UNH). The target price is set to $70.

In a research note published this morning, the analysts mention that the company?s share price is likely to be close to a trough. UnitedHealth?s share price and that of other MCOs have declined over the past few months due to high sector valuations, skepticism regarding the Medicare reform initiatives and the company?s stock option events, the analysts say.