Information Provided By:
Fly News Breaks for December 20, 2017
THC
Dec 20, 2017 | 07:35 EDT
Leerink analyst Ana Gupte raised her price target for Tenet to $27 from $25 on increased confidence that value may be unlocked through the active sale of Conifer. The analyst believes Conifer sales proceeds could be used for further debt reduction or growth opportunities in the ambulatory segment. He reiterates an Outperform rating on the shares.