Baird Downgrades Community Healthcare to Neutral, Lowers Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Amanda Sweitzer has downgraded Community Healthcare (NYSE:CHCT) from Outperform to Neutral and lowered the price target from $43 to $33.
September 22, 2023 | 10:50 am
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NEGATIVE IMPACT
Community Healthcare has been downgraded from Outperform to Neutral by Baird, with a lowered price target of $33.
The downgrade from Outperform to Neutral by Baird, along with a lowered price target, indicates a less optimistic outlook for Community Healthcare. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100