Bernstein raised the firm’s price target on HCA Healthcare (HCA) to $417 from $404 and keeps a Market Perform rating on the shares. The company’s Q2 outperformed on margins despite a deceleration in volumes, the analyst tells investors in a research note. The firm sees risks to HCA’s margins going forward from comp ratio and policy impacts to bad debt.
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Read More on HCA:
- Balanced Outlook on HCA Healthcare: Strong Margins Amid Slower Growth and Policy Risks
- HCA Healthcare price target raised to $423 from $380 at Baird
- HCA Healthcare’s Earnings Call: Strong Growth Amid Challenges
- HCA Healthcare price target lowered to $400 from $410 at Morgan Stanley
- HCA Healthcare price target raised to $380 from $361 at TD Cowen
