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Fly News Breaks for December 15, 2015
LPNT, HCA
Dec 15, 2015 | 07:44 EDT
UBS said the hospital group seems to be oversold with the weakness likely due to several factors, including disappointing third quarter results, concerns about the staying power of health reform and volatility in the credit markets. UBS believes the negative sentiment is more pronounced than actual fundamentals and the current environment is presenting a long-term opportunity in selective healthcare stocks. The firm said it prefers HCA Holdings (HCA) and LifePoint (LPNT) in the space.
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