UnitedHealth "overweight"

19.04.06 - Prudential Financial

NEW YORK, April 19 (newratings.com) - Analyst David H Shove of Prudential Financial maintains his "overweight" rating on UnitedHealth Group (UNH). The target price is set to $72.

In a research note published yesterday, the analyst mentions that the company has posted robust 1Q06 cash flow, operating and balance sheet metrics. UnitedHealth?s overhead controls, cost trends, enrollments and cash flows in the quarter are likely to have been better than expected, the analyst says. UnitedHealth?s fundamental outlook is unlikely to be impacted by the company?s Chairman and other executives receiving stock option compensation, Prudential Financial adds.