RBC Capital Maintains Outperform on Tenet Healthcare, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Ben Hendrix has maintained an 'Outperform' rating on Tenet Healthcare (NYSE:THC), but lowered the price target from $87 to $72.

October 31, 2023 | 2:31 pm
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RBC Capital has maintained an 'Outperform' rating on Tenet Healthcare but lowered the price target from $87 to $72.
The news is directly related to Tenet Healthcare (THC). While the 'Outperform' rating is maintained, the lowering of the price target could indicate a potential decrease in the stock's value. However, the impact on the stock price is uncertain in the short term as the 'Outperform' rating suggests that the analyst still expects the stock to do better than the market average.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100