Analyst Says Expect Pre-Election Volatility in Community Health (CYH)

Jefferies maintained a Hold rating on Community Health (NYSE: CYH) and raised its price target to $29.00 (from $26.00).

"While CYH's relatively easy 'comps' in 2H12 and the modest improvement in employment levels could provide a slight tailwind for the stock in the next few months, we find it difficult to get more aggressive with our rating on the stock, at least for the time being, given our expectation for heightened share price volatility in the next four weeks as ongoing discussions and debates leading to the elections," said analyst Brian Tanquilut.

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 $28.96 yesterday.

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