Fly News Breaks for April 1, 2015
UHS
Apr 1, 2015 | 13:19 EDT
Leerink recommends using the pullback in shares of Universal Health following today's downgrade and yesterday's expanded Department of Justice investigation as a buying opportunity. Today the stock was downgraded by Sterne Agee and yesterday morning the company disclosed that in late March, it was notified that the investigation conducted by the DOJ's Criminal Frauds Section has been expanded to include Universal Health as a corporate entity arising out of the coordinated investigation of facilities, in particular, Hartgrove Hospital.
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