Evercore ISI Group Downgrades Community Healthcare to Underperform, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has downgraded Community Healthcare (NYSE:CHCT) from In-Line to Underperform and lowered the price target from $27 to $25.
July 31, 2024 | 5:43 pm
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Evercore ISI Group has downgraded Community Healthcare (NYSE:CHCT) from In-Line to Underperform and lowered the price target from $27 to $25.
The downgrade from In-Line to Underperform and the reduction in the price target from $27 to $25 by Evercore ISI Group is likely to negatively impact the stock price of Community Healthcare (NYSE:CHCT) in the short term. Such downgrades typically lead to a decrease in investor confidence and selling pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100