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Why Tenet Healthcare's Stock is Trading Higher Today

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Tenet Healthcare’s Stock Price And Volume Action

Tenet Healthcare’s (NYSE: THC) stock is trading up 4.41% to a price of $40.7. The stock’s volume is currently 244.85 thousand, which is roughly 25.12% of its recent 30-day volume average of 974.77 thousand.

Why It’s Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Tenet Healthcare shares are trading higher after Bank of America upgraded the stock from Neutral to Buy and raised its price target from $45 to $50 per share.

Perspective On Recent Price Action

The moving average price of the stock over the past 50 days was $33.74 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $42.78 and as low as $10.0.

If you’re looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving’ alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

 

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