Community Healthcare shares are trading lower after the company reported worse-than-expected Q2 financial results. Evercore ISI Group downgraded the stock from In-Line to Underperform and lowered its price target from $27 to $25 and Baird also lowered its price target from $29 to $25.
Portfolio Pulse from Benzinga Newsdesk
Community Healthcare shares are trading lower after the company reported worse-than-expected Q2 financial results. Evercore ISI Group downgraded the stock from In-Line to Underperform and lowered its price target from $27 to $25. Baird also lowered its price target from $29 to $25.
July 31, 2024 | 6:39 pm
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Community Healthcare shares are trading lower due to worse-than-expected Q2 financial results. Evercore ISI Group downgraded the stock to Underperform and lowered its price target to $25. Baird also lowered its price target to $25.
The worse-than-expected Q2 financial results have led to a downgrade by Evercore ISI Group and a reduction in price targets by both Evercore and Baird. This negative sentiment is likely to put downward pressure on the stock in the short term.
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IMPORTANCE 90
RELEVANCE 100