Health insurer shares fall after UnitedHealth exec murder

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UnitedHealth Group (UNH) PT Lowered to $635 at Jefferies

December 9, 2024 8:03 AM EST

Jefferies analyst David Windley lowered the price target on UnitedHealth Group (NYSE: UNH) to $635.00 (from $643.00) while maintaining a Buy rating.

The analyst comments "First, we express our deepest sympathies to Brian Thompson's family, colleagues, and friends. Respectfully moving to UNH, the 2025 guide of enterprise MLR +150bp implies MA at-risk MLR +220bp y/y. Part D growth, annualizing 2MR, and biz mix are headwinds. If (in the aftermath) efficacy of PA/UM are inhibited, low 60s% of total rev could be subject to mgn headwind. We still think low likelihood. We also start 2026 EPS... More