Barclays analyst Steve Valiquette upgraded Universal Health Services to Equal Weight from Underweight with a price target of $142, up from $132. Following results from the firm’s hospital survey, labor tracker, and read-throughs from peers, the analyst believes Universal Health is on track to generate Q1adjusted EBITDA ahead of the Street view due to signs of "robust" inpatient volumes along with subsiding premium pay. The firm upgrades the shares ahead of the Q1 results.
Published first on TheFly
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