PNC Financial Services Group Inc. increased its stake in UnitedHealth Group Incorporated (UNH) by 4.8% in Q3, now owning 914,521 shares valued at approximately $315.78 million. Despite a recent ~18% stock pullback due to concerns over Medicare Advantage rates and medical inflation, most analysts maintain a “buy” or “outperform” rating for UNH, with an average price target of $372.13. UnitedHealth Group is a large, profitable healthcare conglomerate with a market cap of about $265.7 billion, and analysts expect earnings volatility ahead while forecasting 29.54 EPS for the current fiscal year.
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PNC Financial Services Group Inc. Has $315.78 Million Stock Holdings in UnitedHealth Group Incorporated $UNH
PNC Financial Services Group Inc. increased its stake in UnitedHealth Group Incorporated (UNH) by 4.8% in Q3, now owning 914,521 shares valued at approximately $315.78 million. Despite a recent ~18% stock pullback due to concerns over Medicare Advantage rates and medical inflation, most analysts maintain a “buy” or “outperform” rating for UNH, with an average price target of $372.13. UnitedHealth Group is a large, profitable healthcare conglomerate with a market cap of about $265.7 billion, and analysts expect earnings volatility ahead while forecasting 29.54 EPS for the current fiscal year.