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Fly News Breaks for January 3, 2018
UHS
Jan 3, 2018 | 05:43 EDT
Piper Jaffray analyst Sarah James downgraded Universal Health Services to Neutral while raising her price target for the shares to $121 from $117. The analyst notes her firm's proprietary psych nursing shortage tracker has shown a deterioration of the shortage in Universal Health's problem markets. She believes this will limit the company's ability to drive behavioral health admissions growth without significantly increasing salaries and benefits expense for these nurses.
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