Bernstein Raises PT on UnitedHealth Group Incorporated (UNH) to $379, Maintains ‘Outperform’ Rating

UnitedHealth Group Incorporated (NYSE:UNH) is included in our list of the 11 Best Roth IRA Stocks to Invest in Now.

Bernstein Raises PT on UnitedHealth Group Incorporated (UNH) to $379, Maintains ‘Outperform’ Rating

Bernstein raised its price target on UnitedHealth Group Incorporated (NYSE:UNH) from $337 to $379, maintaining its ‘Outperform’ rating. The investment firm believes the company is a strong pick amid a sector recovery.

While Bernstein prefers other stocks for longer-term investment, UnitedHealth Group Incorporated (NYSE:UNH) is cited as a strong short-term pick for its stability and earnings potential. Expressing confidence in the relative strength of diversified managed care organizations (MCO), the investment firm believes that UNH represents solid long-term value at current levels with strong earnings growth potential.

With its UnitedHealthcare and Optum segments, UnitedHealth Group Incorporated (NYSE:UNH), a global healthcare company, provides insurance benefits, pharmacy services, and data-driven care solutions. It is one of the Best Roth IRA Stocks.

While we acknowledge the potential of UNH to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than UNH and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Unstoppable Canadian Stocks to Buy Now and 14 Best IT Stocks to Buy for the Long Term.

Disclosure: None.