RBC Capital raised the firm’s price target on Universal Health to $130 from $114 and keeps a Sector Perform rating on the shares. The company’s Q4 results have stalled the stock’s momentum as its guidance was just shy of expectations, the analyst tells investors in a research note. The firm added however that Universal Health’s Behavioral Health Care Services segment is encouragingly seeing fewer capacity constraints as premium labor headwinds ease.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on UHS:
- Universal Health price target lowered to $140 from $155 at Stephens
- Universal Health downgraded to Peer Perform at Wolfe after FY23 guidance
- Universal Health downgraded to Peer Perform from Outperform at Wolfe Research
- Universal Health falls -10.5%
- UNIVERSAL HEALTH SERVICES, INC. ANNOUNCES 2022 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS AND 2023 FULL YEAR EARNINGS GUIDANCE