Barclays analyst Steve Valiquette raised the firm’s price target on Tenet Healthcare to $70 from $67 and keeps an Overweight rating on the shares. The company’s Q4 results present broad improvement in volume growth and cost control, the analyst tells investors in a research note. In addition, its 2023 outlook bracketed consensus broadly and implied return to normalized growth, says the firm.
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- Tenet Healthcare price target raised to $65 from $48 at Deutsche Bank
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- Tenet Healthcare sees 2023 adjusted EPS $4.68-$5.85 vs. $7.58 in 2022
- Tenet Healthcare reports Q4 adjusted EPS $1.96 vs. $2.70 a year ago