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Health insurer UnitedHealth (UNH) is due to report its first-quarter financial results later this month on April 21. Although shares of UNH stock have sunk sharply in recent months and an investment bank recently issued a very bullish note on the name, the company continues to face some intense challenges. Analysts on average also predict that the company' earnings per share will fall significantly in the first quarter.
Consequently, investors may want to avoid buying UNH stock at this point. Let's take a closer look.