UnitedHealth Group Inc(NYSE:UNH) reported on Tuesday upbeat earnings for its third quarter.
The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.
RBC Capital Markets OnUnitedHealth Group
AnalystBen Hendrixreiterated an Outperform rating while reducing the price target from $615 to $595.
UnitedHealthreported its third-quarter adjusted earnings at $7.15 per share, beating the consensus of $7, "reflecting broad-based growth in consumers served and operating efficiency gains," Hendrix wrote in a note. The gains were partially offset by medical costs that exceeded expectations by around 80 basis points (bps), he added.
Among the...
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