Bank of America Initiates Coverage on Several Hospitals

June 17, 2009 8:57 AM EDT

Bank of America initiates coverage on Community Health Systems (NYSE: CYH), DaVita (NYSE: DVA), Health Management Associates (NYSE: HMA) & Psychiatric Solutions (Nasdaq: PSYS) with a Buy rating.

Price target on CYH is $35, DVA is $57, HMA is $6.50, and PSYS is $25.

Bank of America initiates coverage on Brookdale Senior Living (NYSE: BKD) & Lifepoint Hospitals (Nasdaq: LPNT) with a Neutral rating. Price target on BKD is $13 and $30 for LPNT.

Bank of America initiates coverage on AmSurg (Nasdaq: AMSG), Tenet Healthcare (NYSE: THC) & Universal Health Services (NYSE: UHS) with an Underperform rating.

Price target on AMSG is $17, THC is $3 and UHS is $47.


Related Categories

New Coverage

Stocks Mentioned

AMSG 21.69

-0.16 -0.73%
Volume: 149,320
Track AMSG

BKD 16.32

-0.14 -0.85%
Volume: 7,186,414
Track BKD

CYH 33.31

+0.71 +2.18%
Volume: 744,706
Track CYH

DVA 58.74

+0.58 +1.00%
Volume: 531,143
Track DVA

HMA 6.43

+0.39 +6.46%
Volume: 5,356,828
Track HMA

LPNT 30.21

+0.43 +1.44%
Volume: 489,085
Track LPNT

PSYS 20.93

-0.01 -0.05%
Volume: 1,471,041
Track PSYS

THC 5.44

+0.14 +2.64%
Volume: 7,650,727
Track THC

UHS 58.06

+0.40 +0.69%
Volume: 407,894
Track UHS


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