Tenet Healthcare (THC) Drops 15% on Downgrade
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Tenet Healthcare (THC) Drops 15% on Downgrade
Share prices of Tenet Healthcare (THC) plummeted today, after it was announced that analysts with Mizuho Securities downgraded the stock. The downgrade was from “Outperform” to “Neutral” and was carried out by covering analyst Sheryl Skolnick. The company set a 12-month target on Tenet at $30. In trading today, Tenet Healthcare lost 6.57 points to close the day at $28.24 per share.Published on Oct 22, 2015
By Aaron Phillips