J.P. Morgan Keeps Their Buy Rating on United Therapeutics (UTHR)
J.P. Morgan analyst maintained a Buy rating on United Therapeutics today and set a price target of $685.00.
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In addition to J.P. Morgan, United Therapeutics also received a Buy from Jefferies’s Roger Song in a report issued yesterday. However, on May 11, Oppenheimer assigned a Hold rating to United Therapeutics (NASDAQ: UTHR).
Based on United Therapeutics’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $781.5 million and a net profit of $274.9 million. In comparison, last year the company earned a revenue of $794.4 million and had a net profit of $322.2 million
Based on the recent corporate insider activity of 393 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of UTHR in relation to earlier this year. Earlier this month, Nilda Mesa, a Director at UTHR sold 258.00 shares for a total of $150,137.94.
Read More on UTHR:
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- United Therapeutics price target lowered to $516 from $519 at Morgan Stanley
