Where Tenet Healthcare Stands With Analysts
Portfolio Pulse from Benzinga Insights
Analysts have shown a positive outlook on Tenet Healthcare (NYSE:THC) over the past three months, with 15 analysts providing ratings. The average 12-month price target has increased by 12.81% to $176.47. Analysts have predominantly raised their ratings, indicating a bullish sentiment. Despite some financial challenges, such as a high debt-to-equity ratio and below-average net margin, Tenet Healthcare's market capitalization and return on equity are strong.
October 22, 2024 | 4:01 pm
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Analysts have shown a positive outlook on Tenet Healthcare (NYSE:THC) over the past three months, with 15 analysts providing ratings. The average 12-month price target has increased by 12.81% to $176.47. Analysts have predominantly raised their ratings, indicating a bullish sentiment. Despite some financial challenges, such as a high debt-to-equity ratio and below-average net margin, Tenet Healthcare's market capitalization and return on equity are strong.
The article highlights a positive shift in analyst ratings for Tenet Healthcare, with several analysts raising their price targets and ratings. This indicates a bullish sentiment, which is likely to positively impact the stock price in the short term. The increase in the average price target by 12.81% further supports this outlook. However, financial challenges such as high debt levels and below-average net margins may temper the impact.
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