DaVita Can Return to Long-Term Volume Growth of 2% by 2029, UBS Says

MT Newswires Live07-10 22:58

DaVita (DVA) has a path back to 2% long-term volume growth by 2029, primarily driven by improving patient outcomes and reducing mortality rates, UBS analysts said in a Friday note.

Analysts said that DaVita has a wide range of levers, including the introduction of middle-molecule clearance technologies, increasing utilization of GLP-1s among existing dialysis patients, reducing missed treatment rates, and improving home care through DVA's investment in Elara Caring.

UBS said that there is increased focus on the company's Q2 volumes figure. Further improvements could suggest that modest improvements in mortality may indicate the start of a positive trend.

The company has yet to schedule a release date for its Q2 financial results.

Analysts retained a buy rating on the stock and increased its price target to $270 from $235.

Price: 232.55, Change: +3.07, Percent Change: +1.34

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment