Key Takeaways UnitedHealth Group shares rebounded modestly after the health insurer on Tuesday pulled its outlook and announced its CEO had stepped down, causing shares to plummet.Analysts from UBS, Oppenheimer,

UnitedHealth (NYSE:UNH) stock looks attractive - making it a good pick to buy at its current price of around $320.

UnitedHealth Group (UNH) stock opened more than 2.5% higher on Wednesday following the previous session's staggering loss of 17.8%. The fallout from the largest private health insurer in the US suspending its guidance as it deals with higher than expected medical costs has sent shivers down the spines of institutional shareholders.

UnitedHealth Group Incorporated's stock faces a steep decline amid leadership turmoil, regulatory pressures, and rising costs. Click to read why UNH is a Hold.

U.S. equities were mixed at midday, with tech shares and a better-than-expected consumer inflation report lifting the S&P 500 and Nasdaq.

UnitedHealth has faced several headwinds in the recent past, ranging from a cyberattack, which had greater than initially realized impacts, to the tragic killing of its CEO, which caused the company to suffer harsh public backlash over the company's and industry practices.

UnitedHealth Group revealed on Tuesday that its CEO Andrew Witty is stepping down due to personal reasons. Witty would remain a senior advisor as he is replaced by former CEO and longtime company leader Stephen Hemsley, who has been board chair since 2017.

UnitedHealth Group Incorporated stock drops after a rare earnings miss and CEO resignation. Click for the impact and potential buying opportunity in UNH at $335.