Universal Health price target raised to $152 from $130 at RBC Capital

RBC Capital analyst Frank Morgan raised the firm’s price target on Universal Health to $152 from $130 but keeps a Sector Perform rating on the shares. The company reported "solid" Q1 results driven by volume recovery, though its management did not raise guidance like its acute care peers did, warning that Universal Health’s revenue per day growth will moderate moving through the balance of the year, the analyst tells investors in a research note.