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UnitedHealth Shares Plummet 6% Amid Rising Medical Costs

1/17/2025

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Summary

Story summary

UnitedHealth Group (UNH) shares dropped 6% to $510.59 following disappointing fourth-quarter results due to increased medical costs.
The projected medical cost ratio for 2025 is 86%-87%, rising from 82% in early 2023.
Key support levels are $475 and $436; resistance levels are $550 and $605.
Analysts continue to hold a "Buy" rating, targeting a price of $628.42.

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Story summary

UnitedHealth Group (UNH) shares dropped 6% to $510.59 following disappointing fourth-quarter results due to increased medical costs.
The projected medical cost ratio for 2025 is 86%-87%, rising from 82% in early 2023.
Key support levels are $475 and $436; resistance levels are $550 and $605.
Analysts continue to hold a "Buy" rating, targeting a price of $628.42.