Morgan Stanley Maintains Overweight Rating and $62 PT on UnitedHealth Group

A report from Morgan Stanley reiterates its Overweight rating and $62 price target on UnitedHealth Group (NYSE: UNH).

The report states, “We expect a solid '12 from UNH and remain comfortable with our above-consensus ‘12e EPS of $4.90. UNH will likely guide to a conservative initial '12 outlook range of $4.50-$4.70 at its analyst day on 11/29. In our view, investor interest should improve once UNH establishes an initial baseline.”

UNH closed Friday at $43.67.