Jefferies Has $40 Target On UnitedHealth Group (UNH)

Jefferies & Co. has a $40 price target and a Neutral rating on UnitedHealth Group UNH. In a note sent to clients Jefferies writes, "UNH remains committed to building robust offerings leveraging its information assets, connectivity/technology capabilities, and clinical care models. It's leading positions across books of business allow it to leverage scale, pricing, relationships, and market intelligence. Short-term, UNH's highly complex entity structure makes MCR precision more onerous for it than others." Shares of UNH lost 7 cents yesterday to close at $36.52.