UnitedHealth "buy," target price raised - update

21.12.06 - Deutsche Securities

NEW YORK, December 21 (newratings.com) - Analysts at Deutsche Bank Securities maintain their "buy" rating on UnitedHealth Group Inc (UNH). The target price has been raised from $58 to $60.

In a research note published yesterday, the analysts mention that the company has announced aggressive guidance for 2007. While UnitedHealth has issued its revenue guidance ahead of the estimates, its cash flow and EPS projections were in-line with the estimates, the analysts say. The company has also provided additional visibility into the anticipated options restatement charges.