JP Morgan Maintains Neutral on Universal Health Servs, Lowers Price Target to $144
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Calvin Sternick has maintained a Neutral rating on Universal Health Services (NYSE:UHS) and reduced the price target from $152 to $144.
November 17, 2023 | 4:14 pm
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NEUTRAL IMPACT
JP Morgan analyst Calvin Sternick maintains a Neutral rating on Universal Health Services and lowers the price target from $152 to $144.
The reduction in price target by JP Morgan could suggest a tempered expectation for UHS's stock performance, but the maintenance of a Neutral rating indicates no significant change in the company's outlook. This may lead to a neutral short-term impact on the stock price as the market absorbs the new price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100