Mizuho Securities Downgrades Universal Health Services (UHS) to Neutral Following Trump Win

November 9, 2016 7:37 AM EST
Get Alerts UHS Hot Sheet
Price: $112.75 +0.89%

Rating Summary:
    13 Buy, 13 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 30 | Down: 30 | New: 23
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Mizuho Securities downgraded Universal Health Services (NYSE: UHS) from Buy to Neutral with a price target of $133.00.

Analyst Ann Hynes commented, "We are downgrading our ACA vulnerable stocks (UHS, AMSG and MD) to Buy from Neutral given President-elect Trump's pledge to repeal and replace Obamacare. Even though it is yet seen if he will be able to claw back an entitlement as big as Obamacare, the fear itself will weigh on valuations and, as a result, we no believe these stocks can outperform until we receive clarity on his true intentions."

For an analyst ratings summary and ratings history on Universal Health Services click here. For more ratings news on Universal Health Services click here.

Shares of Universal Health Services closed at $128.06 yesterday.

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