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Fly News Breaks for June 7, 2019
UHS
Jun 7, 2019 | 06:25 EDT
UBS analyst Whit Mayo lowered his price target on Universal Health to $151 but kept his Buy rating on the shares after meeting with its CFO. The analyst notes that he is "struggling" to assess the company's potential for 2019, but the commentary from the management was "broadly positive", maintaining its stance that "stronger medical and weaker surgical trends" reported in Q1 were "transitory", with recent capital projects making the targets for the year achievable.