Wells Fargo Upgrades Tenet Healthcare (THC) to Outperform
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Jefferies Raises Price Targets on Hospital Stocks as SCOTUS Removes Overhang (CYH) (HCA) (THC)
June 26, 2015 7:08 AM EDTJefferies analyst Brian Tanquilut raised price target on Hospital stocks as the SCOTUS decision on exchange subsidies "removes a long-standing overhang on hospital stocks and paves the way for company fundamentals to drive go-forward stock performance."
"Removal of the overhang should narrow the gap between hospital valuations... More
Leerink Partners Raises Price Target on Tenet Healthcare (THC) Following Supreme Court Ruling
June 26, 2015 7:07 AM EDTLeerink Partners maintain a Market Perform rating on Tenet Healthcare (NYSE: THC), and raised the price target to $60.00 (from $56.00), following a favorable Supreme Court ruling yesterday.
Analyst Ana Gupte commented, "SCOTUS ruled yesterday on King v. Burwell in favor of the... More
Hospital Stocks to Re-Rate on SCOTUS Ruling, Leerink Partners Says (THC) (HCA) (CYH) (LPNT) (UHS)
June 25, 2015 11:32 AM EDTLeerink Partners analyst Ana Gupte weighed in on hospital and MCOs stocks following the 6-3 SCOTUS ruling. The analyst said hospital stocks should re-rate and it is a positive for MCOs stocks as well.
"We expect Hospital stocks to rerate on this news and are much more... More
Obamacare Subsidies Upheld by U.S. Supreme Court (UNH) (HCA) (CYH)
June 25, 2015 10:08 AM EDT(Updated - June 25, 2015 10:12 AM EDT)
Obamacare subsidies upheld by U.S. Supreme Court.
UPDATE - Ruling in the decision was 6-3 and was the second favorable outcome for Obamacare in three years.
Justices Roberts and Kennedy were said to join in the majority vote... More
