M&G PLC increased its stake in UnitedHealth Group Incorporated (NYSE:UNH) by 0.6% during the third quarter, bringing its total ownership to 875,713 shares valued at $302.1 million. This makes UnitedHealth Group the 10th largest holding in M&G PLC’s portfolio. Despite some recent price target reductions by Wall Street analysts and concerns about flat Medicare Advantage rates and medical inflation, the consensus rating for UNH remains a “Moderate Buy” with a target price of $372.13.
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M&G PLC Increases Position in UnitedHealth Group Incorporated $UNH
M&G PLC increased its stake in UnitedHealth Group Incorporated (NYSE:UNH) by 0.6% during the third quarter, bringing its total ownership to 875,713 shares valued at $302.1 million. This makes UnitedHealth Group the 10th largest holding in M&G PLC’s portfolio. Despite some recent price target reductions by Wall Street analysts and concerns about flat Medicare Advantage rates and medical inflation, the consensus rating for UNH remains a “Moderate Buy” with a target price of $372.13.