Wells Fargo raised the firm’s price target on Universal Health to $144 from $139 on higher estimates, while keeping an Equal Weight rating on the shares. The firm notes Q3 results were solid, both on an absolute basis and relative to peers. Wells is increasing its Acute estimates for 2024/2025 by about 2%.
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Read More on UHS:
- Universal Health price target lowered to $140 from $152 at RBC Capital
- Universal Health price target lowered to $163 from $165 at Citi
- UNIVERSAL HEALTH SERVICES, INC. ANNOUNCES 2023 THIRD QUARTER FINANCIAL RESULTS
- Universal Health reports Q3 adjusted EPS 2.55, consensus 2.36
- Is UHS a Buy, Before Earnings?