US Stock Market Move | UnitedHealth Group Incorporated (UNH.US) rebounded nearly 5% against the trend after its stock price was previously cut in half.
On Monday, UnitedHealth Group (UNH.US) rebounded against the trend by nearly 5%, after the stock price had been continuously declining for just one month, now trading at $305.22.
On Monday, UnitedHealth Group Incorporated (UNH.US) staged a counter-trend rebound of nearly 5%, after its stock price had plummeted for just one month to $305.22. In terms of news, Bank of America Corp recently announced a downgrade of the stock rating of UnitedHealth Group Incorporated, the world's largest health management giant. It is expected that this health insurance company will be forced to significantly revise its 2025 performance expectations due to executive team turmoil. On the eve of the rating adjustment, the company's stock experienced a rare 18% plunge, marking the largest single-day decline since 2011.
Bank of America Corp analyst Joanna Gaczuk pointed out in her research report that the recent management shakeup directly disrupted UnitedHealth Group Incorporated's strategic deployment. She downgraded the company's rating from "buy" to "neutral" and slashed the target price from $560 to $350, a decrease of 37.5%. The analyst expects the 2025 earnings per share forecast for UnitedHealth Group Incorporated to shrink by 10%-20% compared to previous predictions, with the potential for a downward adjustment of 21%-29% compared to the initial long-term target.
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