UnitedHealth Group’s Price Target Boosted at Credit Suisse (UNH)

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Health and prescription drug benefits provider UnitedHealth Group Inc. ( UNH ) on Monday saw its price target boosted by analysts at Credit Suisse.

The analyst said it raised its target for UNH from $52 to $56, suggesting a 17% upside to the stock's Friday closing price of $47.81.

Credit Suisse maintained its "Outperform" rating on UNH, citing better-than-expected first quarter earnings results and reduced uncertainty.

UnitedHealth Group shares were mostly flat in premarket trading Monday.

The Bottom Line
Shares of UnitedHealth Group ( UNH ) have a 1.05% dividend yield, based on Friday's closing stock price of $47.81. The stock has technical support in the $43-$45 price area. If the shares can firm up, we see overhead resistance around the $50-$52 price levels.

UnitedHealth Group Inc. ( UNH ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Stocks

Referenced Stocks: UNH

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