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HCA Healthcare price target raised to $500 from $400 at Oppenheimer

Oppenheimer raised the firm’s price target on HCA Healthcare (HCA) to $500 from $400 and keeps an Outperform rating on the shares. The firm notes the company reported strong Q3 results, driven by revenue-per-adjusted admission, largely due to outsized tailwinds from state supplemental payments, along with other factors, which implies high single-digit growth for Q4 2025 after adjusting for the moving parts from supp. payments and the hurricanes from last year.

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