Soleil Securities Initiates Coverage on Universal Health Services (UHS) with a Buy
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Soleil Securities initiates coverage on Universal Health Services (NYSE: UHS) with a Buy. Price target $75.
Soleil analyst says, "With a stable and consistent management team, UHS has posted two very strong Qs in '08 and we expect earnings momentum to continue. We think that concerns about exposure to Las Vegas (about 20% of EBITDA) are overblown and the rollout of a new facility in that market has exceeded expectations...Top pick."
Universal Health Services, Inc. is engaged in owning and operating, through its subsidiaries, acute-care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers.
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