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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

€262.25
0.290%
The UnitedHealth Group Inc. stock is trending slightly upwards today, with an increase of €0.75 (0.290%) compared to yesterday's price.
With 73 Buy predictions and 3 Sell predictions UnitedHealth Group Inc. is one of the favorites of our community.
With a target price of 470 € there is a hugely positive potential of 79.22% for UnitedHealth Group Inc. compared to the current price of 262.25 €.
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