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.
Published first on TheFly
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