Guggenheim analyst Jason Cassorla raised the firm’s price target on Universal Health (UHS) to $253 from $227 and keeps a Buy rating on the shares after the company reported Q3 results that largely were inline to better than buyside expectations across both Acute and Behavioral. UHS reorienting focus toward Behavioral outpatient, which over time should allow a more fulsome capture of Behavioral share, supports a higher value for shares, the analyst tells investors.
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