RBC Capital Maintains Sector Perform on Universal Health Servs, Raises Price Target to $222
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Ben Hendrix maintains a Sector Perform rating on Universal Health Services (NYSE:UHS) and raises the price target from $189 to $222.
September 09, 2024 | 1:37 pm
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RBC Capital has increased the price target for Universal Health Services from $189 to $222 while maintaining a Sector Perform rating. This suggests a positive outlook on the stock's potential performance.
The increase in price target from $189 to $222 by RBC Capital indicates a positive reassessment of UHS's future performance. Maintaining a Sector Perform rating suggests that while the stock is expected to perform well, it may not outperform the sector. This is likely to have a positive short-term impact on the stock price as it reflects increased confidence from a reputable analyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100