Wells Fargo Upgrades Tenet Healthcare (THC) to Outperform; Healthcare Reform Boosts Fair Value

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Wells Fargo upgraded Tenet Healthcare (NYSE: THC) from Market Perform to Outperform with a price target range of $7-8 from $5-6.

Analyst, Gary Lieberman, said, "Upgrading in order to incorporate the expected benefit from healthcare reform beginning in 2014-2015. We believe that shares of THC are undervalued by 37%."

For an analyst ratings summary and ratings history on Tenet Healthcare click here. For more ratings news on Tenet Healthcare click here.

Shares of Tenet Healthcare closed at $5.25 yesterday, with a 52 week range of $3.46-$6.54.

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