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In a report published Wednesday, Morgan Stanley analyst Andrew Schenker reiterated an Overweight rating and $55.00 price target on
HCA HoldingsHCA.
In the report, Morgan Stanley noted, “HCA issued initial FY14 guidance including reform benefit. While the high end of guidance came in above consensus, it is below our estimate of $6.94B. Upside in our model is primarily based on a higher reform benefit of 4% of adj. EBITDA vs. guidance of 1% to 2%.”
HCA Holdings closed on Tuesday at $48.52.
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