Universal Health price target lowered to $201 from $211 at RBC Capital

RBC Capital analyst Ben Hendrix lowered the firm’s price target on Universal Health (UHS) to $201 from $211 and keeps a Sector Perform rating on the shares. The company reported a “solid” Q1, but shares traded lower post-call on Tuesday on difficult volume optics in the behavioral segment and concern over the ramp to behavioral guidance through the balance of the year, the analyst tells investors in a research note. RBC adds however that it is encouraged by signs of momentum in late March and April.