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Stock Market & Financial Investment News

News Breaks
July 28, 2014
07:07 EDTUHSUniversal Health price target raised to $102-$111 from $80-$85 at Wells Fargo
Wells Fargo increased its price target on Universal Health after the company reported much higher than expected EPS and raised its EPS guidance by 75c. The firm thinks the outlook for the company and its sector is strong, but it keeps a Market Perform rating on the shares.
News For UHS From The Last 14 Days
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October 7, 2014
06:03 EDTUHSCMS readmission penalties increase in 2015, says Wells Fargo
Wells Fargo says CMS released the final 2015 IPPS payment penalties for hospital readmissions, with incremental earnings Impact of down 0.2% to down 1.9% at for-profit hospitals. The firm estimates Community Health Systems (CYH) and Tenet Health (THC) will see the largest incremental reimbursement reduction in 2015, equal to down 1.9% and down 1.4%, respectively. It notes 2015 is the third year of hospital readmission penalties with a maximum penalty of 3%, up from 2% in 2014 and 1% in 2013. Wells has Outperform ratings on Community Health and HCA Holdings (HCA), and Market Perform ratings on LifePoint Hospitals (LPNT), Tenet and Universal Health (UHS).

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