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Tenet Healthcare Corporation (THC) [hlAlert]

Rating:
Outperform
THC
up 6.12 %

Tenet Healthcare Corporation (THC) rated Outperform by BMO Capital Markets

Posted on: Friday,  Sep 4, 2015  1:25 PM ET by BMO Capital Markets

BMO Capital Markets rated Outperform Tenet Healthcare Corporation (NYSE: THC) on 09/04/2015, when the stock price was $46.83.
Since then, Tenet Healthcare Corporation has gained 6.13% as of 01/21/2016's recent price of $49.70.
If you would have followed this BMO Capital Markets's recommendation on THC, you would have gained 6.12% of your investment in 139 days.

Tenet Healthcare Corporation (Tenet) is an investor-owned health care services company, whose subsidiaries and affiliates principally operate general hospitals and related health care facilities. The Company?s operations are conducted through its subsidiaries. As of December 31, 2008, Tenet?s subsidiaries operated 53 general hospitals, a cancer hospital and a critical access hospital, with a combined total of 14,352 licensed beds, serving urban and rural communities in 12 states. Of those general hospitals, 45 were owned by the Company?s subsidiaries and eight were owned by third parties and leased by its subsidiaries (including one hospital Tenet owned located on land leased from a third party). In August 2008, the Company announced that it has completed the previously disclosed sale of its entire interest in Broadlane, Inc. to TowerBrook Capital Partners L.P. In November 2008, Tenet announced the formation of a wholly owned operating subsidiary, Conifer Health Solutions, Inc.

The U.S. Equity Research team comprises over 25 analysts located in New York, Atlanta, Boston, Denver, Houston and Los Angeles. We cover more than 375 stocks and also provide equity strategy, quantitative analysis and portfolio management services to our clients. Our goal is to identify the best sectors to invest in, and the best stocks within those sectors, in order to help our clients maximize their portfolio returns. Our award-winning analysts provide research that is informative, perceptive and actionable.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/4/2015 1:25 PM Buy
None
46.83
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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