22.2372.77% ( -0.634 )
Closed: Oct 16, 16:00:00 (EDT)U.S. equities trade lower after the latest CPI inflation report
Seeking Alpha·- U.S. equities traded lower on Wednesday as investors digested the latest Consumer Price Index report showing a September inflation jump of +0.6% M/M. - The S&P 500 fell -0.5% and the Nasdaq Composite declined -0.7%, while Treasury yields climbed across all major maturities. - Healthcare stocks led the market segments while financials struggled, with analysts anticipating potential Federal Reserve rate hikes ahead.UnitedHealth Stock Forecast: TD Cowen Stays Cautious as Mizuho Names UNH a Top Pick
Tip Ranks·- UnitedHealth Group reported 2026 Q3 adjusted EPS of $ 4.69 and revenue of $ 112.69 billion, both exceeding market expectations. - Mizuho rated the stock as a top pick with a target price of $ 493, while TD Cowen maintained a hold rating with a target price of $ 402. - Key factors for future performance include 2027 earnings growth, Medicare Advantage star ratings, and ongoing medical cost challenges.
