Community Health price target raised to $4.50 from $4 at Truist

Truist raised the firm’s price target on Community Health (CYH) to $4.50 from $4 and keeps a Hold rating on the shares. Truist remains upbeat on the core fundamentals in the Hospital sector, expects a solid operating backdrop driven by continued strong demand trends, solid utilization and look for ongoing capital deployment aimed at investment in core growth and shareholder value creation, the analyst tells investors in a research note.