Insurance giant UnitedHealth Group Inc. (NYSE: UNH ) stock is surging on Thursday. Over the last six months, the stock has gained almost 20%. Bank of America Securities (BofA) on Thursday upgraded UnitedHealth from Neutral to Buy and raised the price forecast from $420 to $450. The stock came under pressure in January as investors reacted to a proposed near-flat Medicare Advantage rate update from federal regulators and digested UnitedHealth’s fourth-quarter 2025 earnings and fiscal 2026 outlook . data-variant="card" data-news-mode="manual" > Read Also: Senate Report Raises Questions Over UnitedHealth's Use Of Medicare Diagnoses Medicare Advantage Rate Changes Shift Investor Sentiment In January, the Centers for Medicare & Medicaid Services proposed a net average payment increase of just 0.09% for Medicare Advantage plans, well below industry expectations of 4% to 6% . The proposal was expected to generate only about $700 million in additional payments for insurers. Investor sentiment improved sharply in April after regulators finalized the ... Full story available on Benzinga.com