Community Health Systems Announces Plans to Spin off 38 Hospitals and Quorum Health Resources
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Community Health (CYH) PT Raised to $83 at Jefferies as Company Unlocks Value
August 4, 2015 6:49 AM EDTJefferies analyst Brian Tanquilut lifted his price target on Buy-rated Community Health (NYSE: CYH) to $83.00 (from $79.00) after the company announced plans to unlock value by spinning out its portfolio of hospitals in smaller markets.
Tanquilut commented, "By splitting the company up, we expect... More
