Health and Healthcare

UBS Taking Down Hospital Stocks (CYH, THC, UHS)

UBS has decided to downgrades the hospital sector this morning. It seems that perhaps not all medical and healthcare stocks are immune from a rapidly weakening economy. We have seen downgrades on three of the top publicly traded hospital system stocks as follows:

  • Community Health (NYSE: CYH) Cut from Buy to Neutral.
  • Tenet Healthcare (NYSE: THC) Cut from Neutral to Sell.
  • Universal Health (NYSE: UHS) Cut from Buy to Neutral.

Jon C. Ogg
October 1, 2008

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