Market Overview

UPDATE: J.P. Morgan Raises PT on Community Health Systems on Expected Coverage Expansion

Related CYH
Mid-Day Market Update: Keurig Green Mountain Rises On Strong Results; JinkoSolar Shares Decline
Mid-Morning Market Update: Markets Mostly Flat; J M Smucker Profit Tops Estimates

In a report published Monday, J.P. Morgan analyst Justin Lake reiterated an Overweight rating on Community Health Systems (NYSE: CYH), and raised the price target from $38.00 to $52.00.

In the report, Lake noted, “Our Community Health thesis is predicated on coverage expansion under reform providing a substantial boost in 2014, a large asset base providing geographic diversification and scale advantages, system M&A integration being a core competency of management, operating impact from THC bid/investigations moderating, and a solid focus on physical recruitment supporting top-line growth.”

Community Health Systems closed on Friday at $44.94.

Latest Ratings for CYH

Oct 2015Leerink SwannDowngradesOutperformMarket Perform
Oct 2015BairdDowngradesOutperformNeutral
Oct 2015Mizuho SecuritiesDowngradesBuyNeutral

View More Analyst Ratings for CYH
View the Latest Analyst Ratings

Posted-In: J.P. MorganAnalyst Color Price Target Analyst Ratings


Related Articles (CYH)

View Comments and Join the Discussion!

Get Benzinga's Newsletters