Raymond James reiterates a Strong Buy rating on UnitedHealth Group Inc (NYSE: UNH) while raising the price target to $635 from $620 as a U.S. judge gave a green signal for Change Healthcare Inc's (NASDAQ: CHNG) acquisition.
The ruling ended a 21-month fight between UnitedHealth and regulators.
The analyst John Ransom writes that the deal is expected to close within ten days of the judge's decision, but DOJ is "evaluating next steps," and there is a slight chance of ...Full story available on Benzinga.com
Related tickers: CHNG, LHCG, UNH.
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