Soleil Securities Cuts Price Target on Community Health (CYH), Reflects Lower EV/Ebitda Multiple

Soleil Securities is maintaining its Buy rating on shares of Community Health (NYSE: CYH), but is lowering its price target from $37 to $30 to reflect a lower EV/ Ebitda multiple.

The firm reports that its new target reflects that company's Q1 results which were largely inline with expectations. Soleil believes that "investigation overhangs will persist, that subtle changes in physician admitting practice could pressure admissions growth, and that continued admissions softness could sustain concern for investors."

For more ratings news on Community Health click here and for the rating history of Community Health click here.

Shares of Community Health closed at $25.76 yesterday.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Fiserv (FISV) PT Lowered to $60 at Freedom Broker
• UBS Reiterates Buy Rating on HF Sinclair (DINO)
• Powell Industries (POWL) PT Lowered to $235 at Cantor Fitzgerald