RBC Capital Maintains Outperform Rating for Tenet Healthcare: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
RBC Capital has maintained its Outperform rating for Tenet Healthcare (NYSE:THC) but lowered its price target from $87.00 to $72.00. Tenet Healthcare's shares are currently trading down 4.11% at $51.06 per share. A move to $72.00 would represent a 41.01% increase from the current share price.
October 31, 2023 | 5:00 pm
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RBC Capital has maintained its Outperform rating for Tenet Healthcare but lowered its price target. This could potentially lead to a short-term decrease in the stock price.
The lowering of the price target by RBC Capital indicates a less optimistic outlook for Tenet Healthcare's stock. This could lead to a decrease in the stock price in the short term as investors adjust their expectations.
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