Finance
e-Newsletter
Intelligence Unit Special Reports Special Events Subscribe Sponsored Departments Follow Us

Twitter Facebook LinkedIn RSS

Tenet upgraded by Soleil, shares rise

FoxBusiness.com, December 4, 2009

Soleil Securities upgraded Tenet Healthcare to "buy" from "hold" with a price target of $6.25. Tenet has recently begun a strong recovery from seven years of bad credit stemming from Medicare fraud, the brokerage firm said. Soleil said that for the first time in a year all the hospital stocks outperformed consensus expectations on the EPS, revenue, and EBITDA lines.