Analysts at Oppenheimer & Co. upgraded healthcare company UnitedHealth Group Inc. (UNH) on Thursday, stating that the stock is still attractive despite a pessimistic outlook.
The analysts upgraded UnitedHealth from “Perform” to “Outperform” with a price target of $66. This target suggests about a 20% upside to Wednesday’s closing price of $55.21.
UnitedHealth shares were up slightly during pre-market trading on Thursday. The stock is up about +1% over the past twelve months.
The Bottom Line
Shares of UnitedHealth Group (UNH) have a dividend yield of 1.54% based on last night’s closing price of $55.21 and the company’s annualized dividend payout of 85 cents per share.
UnitedHealth Group Inc. (UNH) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.
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