Goldman Sachs Initiates Buy Rating on UnitedHealth, Market Focus Shifts to Healthcare Sector
UnitedHealth Group (UNH) garnered bullish attention as Goldman Sachs initiated coverage with a Buy rating and a $406 price target. Truist Securities echoed the sentiment, raising its target to $410 from $365. Analyst Scott Fidel highlighted Medicare Advantage as a key growth driver, projecting margin recovery by 2026 despite near-term pressures in Medicaid and exchange markets.
The healthcare sector's earnings outlook overshadows cryptocurrency markets temporarily, with no direct mentions of major coins or exchanges in this report. Bitcoin and Ethereum traders may monitor traditional market rotations for potential capital flow implications.