UNH Crosses Above Average Analyst Target
December 02, 2016 at 09:19 AM EST
In recent trading, shares of UnitedHealth Group Inc (UNH) have crossed above the average analyst 12-month target price of $160.69, changing hands for $160.94/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..