Buy this health care stock as it undergoes a ‘transformation', Morgan Stanley says [CNBC]

Tenet Healthcare Corporation (THC)
Last tenet healthcare corporation earnings: 2/24 04:21 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.tenethealth.com
Company Research
Source: CNBC
Investors have an opportunity to buy into Tenet Healthcare right now as the company evolves, according to Morgan Stanley. Analyst Craig Hettenbach initiated the health care services stock with an overweight rating. Hettenbach's $165 price target implies 26.2% upside from Tuesday's close. Despite political uncertainty weighing on the stock, Hettenbach said the company should be boosted by a shift toward outpatient care and lower-cost services. “A significant business model and balance sheet transformation has yet to be captured in THC's multiple,” Hettenbach wrote to clients in a Wednesday note. “Risks of government spending cuts likely remain an overhang near term, providing entry points for patient investors in what should emerge as a
Read more
Impact Snapshot
Event Time:
THC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
THC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
THC alerts
High impacting Tenet Healthcare Corporation news events
Weekly update
A roundup of the hottest topics
THC
News
- Tenet Healthcare Gains 26.9% in a Year: Is It the Right Time to Invest? [Yahoo! Finance]Yahoo! Finance
- Tenet Healthcare (THC) Rises As Market Takes a Dip: Key Facts [Yahoo! Finance]Yahoo! Finance
- Tenet Healthcare Co. (NYSE: THC) is now covered by analysts at Morgan Stanley. They set an "overweight" rating and a $165.00 price target on the stock.MarketBeat
- Here's a look at 9 ultra-rich members of Congress [Yahoo! Finance]Yahoo! Finance
- Should You Be Excited About Tenet Healthcare Corporation's (NYSE:THC) 48% Return On Equity? [Yahoo! Finance]Yahoo! Finance
THC
Earnings
- 2/12/25 - Beat
THC
Sec Filings
- 3/12/25 - Form 4
- 3/12/25 - Form 4
- 3/11/25 - Form 144
- THC's page on the SEC website