Truist Securities Maintains Hold on Community Health Sys, Raises Price Target to $5
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst David Macdonald maintains a Hold rating on Community Health Sys (NYSE:CYH) and raises the price target from $4.5 to $5.
June 20, 2023 | 1:18 pm
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Truist Securities maintains a Hold rating on Community Health Sys (NYSE:CYH) and raises the price target from $4.5 to $5.
The news directly mentions Community Health Sys (NYSE:CYH) and the analyst's decision to maintain a Hold rating and raise the price target. This indicates that the analyst sees potential for the stock price to increase, but not enough to warrant a Buy rating. The short-term impact on the stock price is likely to be neutral, as the Hold rating suggests no immediate action for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100