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UPDATE: Goldman Sachs Upgrades HCA Holdings to Buy on Election Outcome

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Goldman Sachs raised its rating on HCA Holdings (NYSE: HCA) from Neutral to Buy.

Goldman Sachs commented, "With President Obama reelected, we are now more constructive long term on the hospital space. Thus, we are increasing our hospital price targets and upgrading HCA to Buy. Following the election, we believe that while deficit reducing measures loom over the industry, investor sentiment will ultimately improve as the longer-term benefits afforded by the Affordable Care Act remain intact. Our selective upgrade of HCA reflects the company's solid fundamentals and relative attractiveness as healthcare moves toward a more integrated model."

HCA Holdings closed at $30.93 on Tuesday.

Latest Ratings for HCA

DateFirmActionFromTo
Jan 2017PiperJaffrayInitiates Coverage OnOverweight
Nov 2016MizuhoDowngradesBuyNeutral
Nov 2016Avondale PartnersDowngradesMarket OutperformMarket Perform

View More Analyst Ratings for HCA
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Posted-In: Goldman SachsAnalyst Color Upgrades Intraday Update Analyst Ratings

 

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