BofA Maintains Buy Rating on Tenet Healthcare (THC)

On June 9, 2026, BofA lowered the firm's terms people connected Tenet Healthcare Corporation (NYSE:THC) to $210 from $230 and maintained a Buy standing connected the shares. BofA said it was lowering terms targets for respective infirmary names due to the fact that of little multiples tied to the mostly anemic utilization backdrop.

Last month, Barclays expert Andrew Mok lowered the firm's terms people connected Tenet Healthcare Corporation (NYSE:THC) to $238 from $257 and maintained an Overweight standing connected the shares pursuing the Q1 report. Mok said Tenet "exhibited its quality to flex the acute outgo structure" contempt measurement headwinds. Morgan Stanley besides lowered the firm's terms people connected Tenet to $254 from $260 and maintained an Overweight rating, saying the company's accordant execution was evident successful Q1, wherever EBITDA bushed by 3.5% contempt manufacture headwinds.

Earlier, Tenet Healthcare Corporation (NYSE:THC) reported Q1 adjusted EPS of $4.82, compared with statement of $4.17, and gross of $5.37B, compared with statement of $5.4B. CEO Saum Sutaria said the institution delivered beardown results successful some the Ambulatory and Hospital segments, supported by disciplined operations and beardown escaped currency flow. Sutaria besides said Tenet continues to enactment doc partners arsenic it executes connected its precocious acuity strategy and grows organically and inorganically.

Tenet Healthcare Corporation (NYSE:THC) operates arsenic a diversified healthcare services institution successful the United States.

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