Vetr Crowd Downgrades UnitedHealth

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The Vetr crowd downgraded their rating on UnitedHealth Group Inc UNH on Thursday, from 4.5 stars (Strong buy), issued 43 days ago, to 3.5 stars (Buy). Crowd sentiment for UnitedHealth was primarily positive, with 71 percent of Vetr user ratings bullish.

Share price in the healthcare company has been fairly bumpy over the first several days of February. The stock came into the month on an uptrend, just a penny shy of hitting $163 before taking a dip below $160 seven days later. The stock has traded around that area since December.

UnitedHealth did receive two initiations at Overweight in February, one from Piper Jaffray, the other from Cantor Fitzgerald.

The stock finished Thursday at $160.44, slightly above its prior close of $160.30.

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Currently, the Vetr crowd's average target price for the stock is up at $167.51, which is still below the average analyst rating of $172.10. Less than 2 percent of Vetr users are holding UNH in their watch lists.

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Posted In: UpgradesHealth CareInitiationCrowdsourcingAnalyst RatingsVetr
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