Bank of America Initiates Coverage on Several Hospitals
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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.
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