Truist Securities Maintains Hold on Community Health Sys, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Community Health Systems (NYSE:CYH) while lowering the price target from $5.5 to $5.
October 25, 2024 | 2:05 pm
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NEGATIVE IMPACT
Truist Securities has maintained a Hold rating on Community Health Systems and lowered the price target from $5.5 to $5, indicating a cautious outlook.
The lowering of the price target from $5.5 to $5 by Truist Securities suggests a negative sentiment towards Community Health Systems' short-term performance. The Hold rating indicates that the stock is expected to perform in line with the market, but the reduced price target reflects potential downside risks.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100