The Latest Breaking News from Amedisys

UnitedHealth Group Inc. (NYSE:UNH) shares edged up on Monday, even as the stock remains down roughly 49% year to date. Trading volume stood at 6.39 million shares, well below the 100-day average of 20.28 million, according to Benzinga Pro. No fresh catalysts were apparent for Monday's move.

UnitedHealth Group Inc. (NYSE:UNH) would divest more than 160 healthcare facilities as part of a proposed settlement with the U.S. Department of Justice (DOJ) to resolve antitrust concerns surrounding its $3.3 billion acquisition of Amedisys Inc. (NASDAQ:AMED).

The Justice Department is suing to block UnitedHealth Group’s $3.3 billion purchase of Amedisys

UnitedHealth Group has struck a deal to acquire home health care provider Amedisys Inc. for $3.3 billion in an all-cash deal.

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Stephens & Co. has decided to maintain its Equal-Weight rating of Amedisys (NASDAQ:AMED) and lower its price target from $155.00 to $125.00. Shares of Amedisys are trading down 12.59% over the last 24 hours, at $106.09 per share.

Analysts have provided the following ratings for Amedisys (NASDAQ:AMED) within the last quarter:

Over the past 3 months, 5 analysts have published their opinion on Amedisys (NASDAQ:AMED) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.