RBC Capital Maintains Outperform Rating for Tenet Healthcare: Here's What You Need To Know

RBC Capital has decided to maintain its Outperform rating of Tenet Healthcare THC and lower its price target from $87.00 to $72.00.

Shares of Tenet Healthcare are trading down 4.11% over the last 24 hours, at $51.06 per share.

A move to $72.00 would account for a 41.01% increase from the current share price.

About Tenet Healthcare

Tenet Healthcare is a Dallas-based healthcare services organization. It operates a collection of hospitals (about 60 as of June 2023) and over 550 ambulatory surgery centers and other outpatient facilities across the U.S., primarily in the South. Through its Conifer segment, Tenet also provides revenue cycle management solutions.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.