In a report published Thursday, Credit Suisse analyst Ralph Giacobbe reiterated an Outperform rating on HCA Holdings HCA, and raised the price target from $81.00 to $83.00.
In the report, Credit Suisse noted, “We are increasing our TP for HCA to $83 (from $81), which pegs a ~9x multiple on our 2015 EBITDA estimate. We maintain our Outperform rating on shares of HCA. Please see our 1/8/15 note, ‘Don't Sell 'Em Short as Year 2 of Reform Should Pack Healthy Punch' for more details.”
HCA Holdings closed on Wednesday at $72.99.
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