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Community Health price target lowered to $5 from $6 at RBC Capital

RBC Capital lowered the firm’s price target on Community Health (CYH) to $5 from $6 and keeps an Outperform rating on the shares. RBC Capital is “disappointed” to see Community Health add to volume concerns with a weaker than expected adjusted admission print in the second quarter and tempered expectations for the rest of the year, the analyst tells investors in a research note.

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