Universal Health price target raised to $223 from $210 at Stephens

Stephens raised the firm’s price target on Universal Health (UHS) to $223 from $210 and keeps an Equal Weight rating on the shares. Universal “echoed acute peer commentary on the broadly stabilizing labor backdrop,” says the analyst, who notes that the company’s outlook incorporates 5% to 6% Acute top-line growth and does not contemplate anticipated net benefits from the TN/D.C. programs pending CMS approval, allowing for potential upside to EBITDA.