UBS Maintains Buy on DaVita, Lowers Price Target to $113
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Andrew Mok has maintained a Buy rating on DaVita (NYSE:DVA) but has reduced the price target from $142 to $113.
November 17, 2023 | 3:58 pm
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NEUTRAL IMPACT
UBS has maintained a Buy rating on DaVita but lowered the price target from $142 to $113, indicating a positive outlook but with reduced growth expectations.
While the Buy rating suggests that UBS still sees DaVita as a good investment, the reduction in the price target could imply that there are factors that might limit the stock's upside potential in the short term. Investors may view the lowered price target as a sign of tempered expectations, which could have a neutral to slightly negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100