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Benzinga
Benzinga
Business
Vaishali Prayag

UnitedHealth Shares Slide Over 5% After Baird Downgrade And Price Target Cut

Baird UnitedHealth UNH Optum Health
Irving,,Texas,,Usa,-,March,20,,2022:,Unitedhealthcare,Sign,On

UnitedHealth Group Inc. (NYSE:UNH) shares are trading lower Thursday, after Baird downgraded the stock to Underperform and slashed its price target from $312 to $198.

What To Know: The downgrade follows ongoing concerns around the company’s Optum Health segment and broader headwinds across nearly all of UnitedHealth's business lines, according to CNBC.

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