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UBS Initiates Coverage of HCA With Buy Rating

Financial News Network
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April 05, 2011 AT 5:31 PM
UBS initiated coverage today of HCA Holdings (NYSE:HCA) with a buy rating and a $40 target price.The banks sees HCA as being well positioned for both near and long term hospital changes, with dominant market share in above average growth geographies. The bank also cites benefits of scale, management depth, and local positioning, which have provided the company with industry leading margins and returns on capital.