Barclays lowered the firm’s price target on Universal Health (UHS) to $238 from $268 and keeps an Overweight rating on the shares following the Q1 report. The firm says that after accounting for a $30M headwind related to weather and a $15M Affordable Care Act headwind, Universal Health’s organic EBITDA growth decelerated to negative 4% in the quarter.
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Read More on UHS:
- Universal Health reports Q1 EPS $5.62, consensus $5.46
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- UHS Earnings this Week: How Will it Perform?
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- UHS: Short-Term Operational Headwinds but Intact Long-Term Earnings Power Support Buy Rating and $245 Target
