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Why UnitedHealth Stock Pushed Higher on Monday


UnitedHealth Group (NYSE: UNH), by far the health insurance stock that's gotten most of the market's attention over the past few trading sessions, had a good Monday on the exchange. Its shares added nearly 2% in value that trading session on news of an analyst's price target raise. That bump was high enough to top the S 500's (SNPINDEX: ^GSPC) flatline performance.

UnitedHealth was a star stock late last week, when it was revealed that Warren Buffett's Berkshire Hathaway had taken a $1.6 billion stake in the company's equity. On Monday, lingering positive sentiment on UnitedHealth was boosted by that price target bump.

Image source: Getty Images.

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Source Fool.com

UnitedHealth Group Inc. Stock

€287.15
2.500%
There is an upward development for UnitedHealth Group Inc. compared to yesterday, with an increase of €7.00 (2.500%).
With 71 Buy predictions and 2 Sell predictions UnitedHealth Group Inc. is one of the favorites of our community.
With a target price of 350 € there is a positive potential of 21.89% for UnitedHealth Group Inc. compared to the current price of 287.15 €.
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