Wells Fargo Upgrades Community Health (CYH) to Outperform; Healthcare Reform Boosts Fair Value

June 29, 2012 8:08 AM EDT
Get Alerts CYH Hot Sheet
Price: $6.82 -4.08%

Rating Summary:
    8 Buy, 18 Hold, 7 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 22 | New: 54
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Wells Fargo upgraded Community Health (NYSE: CYH) from Market Perform to Outperform with a price target range of $41-45 from $20-28..

Analyst, Gary Lieberman, said, "Upgrading in order to incorporate the expected benefit from healthcare reform beginning in 2014-2015. We believe that shares of the company is undervalued by 53%."

For an analyst ratings summary and ratings history on Community Health click here. For more ratings news on Community Health click here.

Shares of Community Health closed at $27.54 yesterday.

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