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 20.50

+0.11 +0.54%
Volume: 233,419
Track AMSG

BKD 18.20

+0.18 +1.00%
Volume: 697,028
Track BKD

CYH 32.67

+0.99 +3.13%
Volume: 1,322,851
Track CYH

DVA 61.20

+1.14 +1.90%
Volume: 1,021,657
Track DVA

HMA 6.89

+0.25 +3.77%
Volume: 3,650,218
Track HMA

LPNT 29.69

+0.67 +2.31%
Volume: 422,519
Track LPNT

PSYS 21.60

+0.02 +0.09%
Volume: 975,829
Track PSYS

THC 5.15

+0.19 +3.83%
Volume: 6,456,011
Track THC

UHS 30.24

+1.30 +4.49%
Volume: 1,585,418
Track UHS


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