Bank of America Maintains Buy Rating and $56 PT on UnitedHealth Group

A report from Bank of America reiterates its Buy rating and $56 price target on UnitedHealth Group (NYSE: UNH).

The report states, “This morning, UNH provided initial 2012 EPS guidance of $4.55-$4.75 versus consensus of $4.76 and our $4.73 estimate (guidance and our estimates exclude pending acquisition of XLHealth). The company also provided revenue guidance of $107-$108b, slightly below consensus of $108.3b. Meanwhile, UNH affirmed its previous 2011 guidance ($4.52-$4.57).”

UNH closed Friday at $43.67.