UnitedHealth "outperform"

18.01.06 - Bear Stearns

NEW YORK, January 18 (newratings.com) - Analyst John Rex of Bear Stearns reiterates his "outperform" rating on UnitedHealth Group (UNH). The target price is set to $72.

In a research note published yesterday, the analyst mentions that the company is scheduled to report its 4Q results on January 19. The analyst expects UnitedHealth to post its EPS for the quarter at $0.65, reflecting 19.5% growth, and organic member adds at 30,000. The company is expected to have witnessed a sequential improvement in SG&A expenses, a trend that is likely to continue in the near future, Bear Stearns adds.