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UnitedHealth (NYSE: UNH) was in the spotlight on Tuesday, April 7, soaring more than 8% following a new payment update from the Centers for Medicare.
UnitedHealth shares surged over 8% after a favorable Medicare payment update from CMS.
KEY POINTS
- CMS approved a 2.48% payment increase to private insurers, exceeding market expectations.
- Bernstein raised its 2027 EPS estimate for UnitedHealth by 1.4% and expects higher margins.
- The average twelve-month price target for UnitedHealth is now $465.95, implying a 33.57% upside.
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