Universal Health price target raised to $231 from $206 at RBC Capital

RBC Capital raised the firm’s price target on Universal Health (UHS) to $231 from $206 and keeps a Sector Perform rating on the shares. The company reported a headline beat and its behavioral volumes showed modest improvement, though remain below the management’s internal targets, the analyst tells investors in a research note. RBC adds it is encouraged by the management’s sizing of the potential impact of the enhanced exchange subsidies expiration.