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Fly News Breaks for March 29, 2016
UHS
Mar 29, 2016 | 06:46 EDT
Wells Fargo analyst Gary Lieberman upgraded Universal Health Services to Outperform after hosting meetings with the company's CFO Steve Filton. Lieberman believes that volumes at both Universal Health's acute and behavioral operations are likely to be strong in Q1 despite difficult comps and that staffing issues are no longer an issue at the acute care operations and have diminished at its behavioral business. He thinks the company's guidance could prove conservative and raised his price target range for the shares to $135-$145 from $120-$130.
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