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Tenet Healthcare Corporation (THC) [hlAlert]

up 95.66 %

Tenet Healthcare Corporation (THC) upgraded to Buy by Deutsche Securities

Posted on: Wednesday,  Sep 3, 2008  8:25 AM ET by Deutsche Securities

Deutsche Securities rated Buy Tenet Healthcare Corporation (NYSE: THC) on 09/03/2008, when the stock price was $25.40. Since
then, Tenet Healthcare Corporation has gained 95.67% as of 01/21/2016's recent price of $49.70.
If you would have followed this Deutsche Securities's recommendation on THC, you would have gained 95.66% of your investment in 2696 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.

Deutsche Bank's award-winning Research team manages a range of functions from asset allocation, through economic forecasting across a broad range of industry sectors including cement and construction, chemicals, electronics, energy, engineering, machinery, media, software, tobacco, retailing and utilities, and oil and gas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/3/2008 8:25 AM Buy
as of 12/24/2008
1 Week up  35.25 %
1 Month up  77.31 %
3 Months up  81.89 %
1 YTD down  -39.42 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/29/2008 8:25 AM Hold
25.00 29.00
1/15/2008 8:25 AM Buy
8/27/2007 9:25 AM Hold
15.20 16.00

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