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Jefferies Analyst Names Favorites In Managed Healthcare Sector

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In a note released Thursday, Jefferies analyst David Windley downgraded shares of UnitedHealth Group (NYSE: UNH) from Buy to Hold and maintained an $87 price target.

Windley noted that the downgrade was based on valuation and wrote, "We do not have specific fears about UnitedHealth's second quarter, but do not expect significant upside."

Speaking on the managed care sector as a whole, Windley suggested that, due to strong performance year-to-date, the stocks may have a hard time moving "significantly" higher on earnings.

Windley's favorite large-cap stocks in the sector are Aetna (NYSE: AET) and WellPoint (NYSE: WLP), and his favorite small mid-cap is Health Net (NYSE: HNT).

Latest Ratings for UNH

DateFirmActionFromTo
Feb 2017Cantor FitzgeraldInitiates Coverage OnOverweight
Jan 2017PiperJaffrayInitiates Coverage OnOverweight
Dec 2016Cantor FitzgeraldUpgradesHoldBuy

View More Analyst Ratings for UNH
View the Latest Analyst Ratings

Posted-In: David Windley JefferiesAnalyst Color Downgrades Price Target Analyst Ratings

 

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