Market Overview

UPDATE: Morgan Stanley Initiates Tenet Healthcare at Equal-Weight on Limited Upside

Related THC
Barron's Recap: The Volatility Lovers
Top 4 Mid-Cap Stocks In The Hospitals Industry With The Highest EPS Growth Forecast For Next Year
Oil & Gas Issues Boost S&P 500; Twitter, GE Rise (Investor's Business Daily)

Morgan Stanley initiated Tenet Healthcare (NYSE: THC) with an Equal-weight rating.

Morgan Stanley noted, "THC has consolidated its footprint over the last several years with 49 hospitals, down from 69 in 2006. Its urban market focus has shown greater resilience to utilization pressure. However high exposure to potential reimbursement cuts including specifically IME/GME payments will limit upside in the near-term."

Tenet Healthcare closed at $35.75 on Wednesday.

Latest Ratings for THC

Sep 2015JP MorganInitiates Coverage onNeutral
Sep 2015BarclaysInitiates Coverage onOverweight
Jun 2015Wells FargoUpgradesMarket PerformOutperform

View More Analyst Ratings for THC
View the Latest Analyst Ratings

Posted-In: Morgan StanleyAnalyst Color Initiation Intraday Update Analyst Ratings


Related Articles (THC)

View Comments and Join the Discussion!

Get Benzinga's Newsletters