Cantor Fitzgerald raised the firm’s price target on Tenet Healthcare to $168 from $112 and keeps an Overweight rating on the shares. The $300M and 8% EBITDA guide raise paired with sustainable inpatient volume drivers, temporary nature of slower-growing outpatient, positive DPP commentary, and balance sheet improvements in both leverage share repurchases can support strength in the stock, the analyst tells investors in a research note.
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