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Bank of America Merrill Lynch Maintains Buy on Community Health Systems
Wednesday, June 29, 2011 - 7:39amBank of America Merrill Lynch is out with its report today on Community Health Systems (NYSE: CYH), maintaining Buy. In a note to clients, Bank of America Merrill Lynch writes, "Our rating reflects our belief that the company is one of the few hospitals that is well positioned to grow without a...
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Credit Suisse Reinstates Coverage On MOS, THC, CYH
Tuesday, May 24, 2011 - 8:14amCredit Suisse has reinstated coverage on the following companies: Mosaic Company (NYSE: MOS) Outperform, $85 PT Tenet Healthcare Corporation (NYSE: THC) Outperform, $7.50 PT Community Health Systems (NYSE: CYH) Outperform, $35 PT
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Credit Suisse Reinstates Coverage on CYH, THC, MOS and SAP
Tuesday, May 24, 2011 - 6:36amIn a research report published today, Credit Suisse reinstated coverage on a number of stocks. Community Health Systems (NYSE: CYH) was reinstated with an Outperform and a target price of $35. In the report, Credit Suisse states, "We are reinstating coverage on shares of Community Health Systems...
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Bank of America Reinstates Tenet Healthcare At Neutral, $6.75 PO
Tuesday, May 24, 2011 - 6:30amBank of America has established a Neutral rating on Tenet Healthcare (NYSE: THC) from a No Rating after a failed hostile bid from Community Health Systems (NYSE: CYH) and maintains its $6.75 price objective.
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Citi Downgrading Community Health Systems To Hold
Tuesday, April 26, 2011 - 7:31amAccording to Citi, Community Health Systems (NYSE: CYH) is downgraded to Hold. Citi said that after further analysis of 2-day stays and reimbursement coding it still sizes approximately 10% EPS risk from normalizing CYH's 1-day stay rates to national averages. “However, stepping back to consider...
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Citigroup Downgrades CYH To Hold, PT To $33
Tuesday, April 26, 2011 - 5:56amCitigroup has downgraded Community Health Systems (NYSE: CYH) from Buy to Hold and has lowered the price target from $38 to $33.
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Morgan Stanley Comments On Community Health Systems' OIG Subpoena
Monday, April 18, 2011 - 8:39amAccording to Morgan Stanley, Community Health Systems (NYSE: CYH) disclosed OIG Subpoena on Friday. Morgan Stanley reported that Community Health Systems it expects shares to be weak again (could well take another 10+% hit) on Monday, after CYH disclosed after the market closed Friday 4/15/11 that...
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Soleil Securities Lowers PT On CYH To $37, Raises PT On THC
Monday, April 18, 2011 - 8:25amSoleil Securities, in its ‘Sunrise' report has adjusted the price target on two healthcare companies. Citing new information regarding an investigation of claims practices possibly affecting the company's acquisition of Tenet Healthcare Corp. (NYSE: THC), Soleil has lowered the price target on...
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UPDATE: Citi Raises PT on Community Health Systems to $38 (CYH)
Friday, April 15, 2011 - 7:55amCiti is out with its report today on Community Health Systems (NYSE: CYH), raising its price target from $34 to $38. In a note to clients, Citi writes, "We are raising our CYH 12-month price target from $34 to $38 to reflect a 9.6x forward EPS multiple applied to our existing 2013 EPS estimate of...
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Citigroup Raises PT On Community Health Systems To $38
Friday, April 15, 2011 - 6:56amCitigroup has raised the price target on Community Health Systems (NYSE: CYH) from $34 to $38 and maintains its Buy rating.
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