A report released earlier today by Mizuho Securities about Tenet Healthcare (NYSE:THC) bumps down the target price to $22.00
- Updated: October 4, 2016
Just yesterday Tenet Healthcare (NYSE:THC) traded -1.15% lower at $21.50. The company’s 50-day moving average is $23.28 and its 200-day average is $27.75. With the last stock price close down -22.53% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the date range. Trade Volume was down over the average, with 1,473,884 shares of THC changing hands under the typical 1,800,560
Reporting a possible upside of 0.02%, Mizuho Securities lowered the target price of Tenet Healthcare (NYSE:THC) to $22.00
Previously on 10/04/2016, Zacks Investment Research released a statement about Tenet Healthcare (NYSE:THC) raised the target price from $0.00 to $24.00 that suggested an upside of 0.12%.
Recent Performance Chart
Tenet Healthcare has 52 week low of $20.93 and a 52 week high of $38.54 and has a total market value of $0.
A total of 18 brokers have issued a research note on the stock. 0 firms rating the stock a strong buy, zero equity analysts rating the stock a buy, 0 brokerages rating the company a hold, zero brokers rating the stock a underperform, and finally zero equity analysts rating the company a sell with a one year target of $36.89.
About Tenet Healthcare (NYSE:THC)
Tenet Healthcare Corporation (Tenet) is a healthcare services company. The Company operates regionally focused, integrated healthcare delivery networks in large urban and suburban markets in the United States. The Company operates through three segments: Hospital Operations and other, Ambulatory Care and Conifer. With its networks, including acute care and specialty hospitals, which are engaged in providing outpatient facilities and related businesses, the Company provides a range of healthcare services in the communities it serve. It operates approximately 90 hospitals, 20 short-stay surgical hospitals, 475 outpatient centers, nine facilities in the United Kingdom and six health plans through its subsidiaries, partnerships and joint ventures. In addition, its Conifer Holdings, Inc. (Conifer) subsidiary provide healthcare business process services in the areas of revenue cycle management and technology-enabled performance improvement and health management solutions to health systems.
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