Tenet Healthcare (THC) Receives a Buy from Raymond James


Raymond James analyst John Ransom maintained a Buy rating on Tenet Healthcare (NYSE: THC) on August 28 and set a price target of $42. The company’s shares closed yesterday at $32.86.

According to TipRanks.com, Ransom is a 5-star analyst with an average return of 14.3% and a 70.0% success rate. Ransom covers the Services sector, focusing on stocks such as Walgreens Boots Alliance, Addus Homecare Corp, and Envision Healthcare.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tenet Healthcare with a $37.50 average price target.

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The company has a one-year high of $39.74 and a one-year low of $12.25. Currently, Tenet Healthcare has an average volume of 1.53M.

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Tenet Healthcare Corp. engages in the provision of health care services. Through its subsidiaries and affiliates, it owns and facilitates acute care hospitals, ambulatory surgery centers, diagnostic imaging centers, and related health care facilities.

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