RBC Capital Maintains Sector Perform on Universal Health Servs, Lowers Price Target to $211
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Frank Morgan maintains a Sector Perform rating on Universal Health Services (NYSE:UHS) but lowers the price target from $222 to $211.
October 28, 2024 | 3:37 pm
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RBC Capital has maintained its Sector Perform rating on Universal Health Services but has lowered the price target from $222 to $211, indicating a more cautious outlook.
The lowering of the price target by RBC Capital suggests a less optimistic view on UHS's future performance, which could lead to a short-term negative impact on the stock price. The maintained Sector Perform rating indicates that the stock is expected to perform in line with the sector, but the reduced price target reflects potential challenges or lower growth expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100