UPDATE: UBS Starts Community Health (CYH) at Neutral

September 23, 2021 4:48 PM EDT
Get Alerts CYH Hot Sheet
Price: $10.72 +1.32%

Rating Summary:
    8 Buy, 14 Hold, 7 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 14 | Down: 19 | New: 48
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(Updated - September 24, 2021 4:42 AM EDT)

UBS analyst Andrew Mok initiates coverage on Community Health (NYSE: CYH) with a Neutral rating, PT $12.50.

The analyst comments "We think the current Covid surge could disrupt the company's strong operating momentum and drive an unfavorable skew in near-term risk-reward. We note that CYH's geographic footprint tends to lean more rural than hospital peers, which likely means it has greater exposure to under vaccinated communities. The current Covid surge is clearly weighing on CYH's stock and is likely to be a leading driver of sentiment over the near-term."

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 $11.18 yesterday.



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