BUZZ-India's Max Healthcare gains after UBS upgrades to 'buy'

Shares of India's Max Healthcare Institute MAXE.NS jump as much as 3.2% to 1,047 rupees; last up 1%

UBS upgrades hospitals operator to "buy" from "neutral", hikes PT to 1,200 rupees from 610 rupees

Brokerage calls MAXE a "well-oiled machine" and says it stands out among peers Apollo Hospitals APLH.NS and Fortis Healthcare FOHE.NS due to its "relentless execution" in bed additions and quick break-even of new hospitals

Stock set for third straight session of gains

Avg rating on MAXE, APLH and FOHE at "buy" - data compiled by LSEG

All 3 stocks trading lower YTD, with MAXE's 9% decline below APLH's 13% fall and FOHE's 15% drop