Tenet Healthcare (THC) option implied volatility elevated into Q2

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Tenet Healthcare (THC) PT Lowered to $24 at Jefferies

August 8, 2017 8:21 AM EDT

Jefferies lowered its price target on Tenet Healthcare (NYSE: THC) to $24.00 (from $26.00) while maintaining a Buy rating. While THC's Q2 results came in slightly below consensus, analyst Brian Tanquilut views the revenue and EBITDA shortfalls as modest relative to expectations baked into the... More