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Universal Health price target lowered to $203 from $208 at Deutsche Bank

Deutsche Bank analyst Pito Chickering lowered the firm’s price target on Universal Health (UHS) to $203 from $208 and keeps a Buy rating on the shares. The stock’s fiscal 2024 EBITDA multiple is a touch below the ten-year average, a 2025 price-to-earnings multiple at a 39% discount to the S&P 500 Index, and a multiple delta versus HCA (HCA) right around multi-year highs, the analyst tells investors in a research note.

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