Zacks Investment Research upgraded shares of University General Health System, Inc. (UGHS) from N/A to OUTPERFORM on August 27, 2012, with a target price of $0.58.
University General Health System is a multi-specialty health care provider that owns and operates a regional healthcare network comprised of a core hospital and several complementary healthcare facilities in Houston. Management is executing an aggressive growth plan to acquire additional facilities, further developing the company's footprint in Houston and later expanding geographically in Texas. The company's business model includes the delivery of concierge, patient-oriented care by motivated physicians which own over 46% of the company. We initiate coverage of University General Health System with an Outperform rating.
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