HCA Holdings (HCA) PT Raised to $72 at Jefferies

Jefferies analyst Brian Tanquilut reiterated a Buy rating and bumped his price target on HCA Holdings (NYSE: HCA) to $72.00 (from $70.00) following raised guidance.

Tanquilut said, "We continue to have a bullish view on HCA even after today's strong move in the stock, given our belief that the company's good Q2 volume performance and better-than-expected reform contribution highlight continued growth and earnings upside opportunities over the next few quarters. We also believe that HCA's strong cash flows open up opportunities for stock-enhancing capital deployment (M&A or share buybacks)."

The firm lifted FY 2014 EPS from $3.61 to $4.10.

For an analyst ratings summary and ratings history on HCA Holdings click here. For more ratings news on HCA Holdings click here.

Shares of HCA Holdings closed at $60.99 yesterday.

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