Wall Street sets UnitedHealth stock price target

UnitedHealth shares jumped more than 8% on April 7 after the Centers for Medicare & Medicaid Services issued a new payment update. The move indicates investors view the CMS update as materially positive for the insurer's near-term reimbursement or revenue outlook and may boost sector sentiment.

Analysis

UnitedHealth shares jumped more than 8% on April 7 after the Centers for Medicare & Medicaid Services issued a new payment update. The move indicates investors view the CMS update as materially positive for the insurer's near-term reimbursement or revenue outlook and may boost sector sentiment.