techanalysis2151

United Healthcare 3rd Quarter

BATS:UNH   UNITEDHEALTH GROUP INC
68 0 0
Despite the negative reaction to today's news, there is hope for a strong end to the year for UNH             . Before today's reports, analysts at Thomas Reuters had a target price of $79.30. This is mainly due to the company's strong performance in two out of its three major businesses.

1. Its Medicare and Retirement business is up 13% year over year, reporting 11 billion in revenue for the quarter.

2. Their Toal Optum Benefits business was also very strong, reporting growth of 33% with $9.6B in revenue.

3. The sole weak spot was the Employer and Individual insurance business which dipped 2.9% year over year with revenue of $11.3B.

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