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Tenet Healthcare price target raised to $230 from $217 at UBS

UBS analyst AJ Rice raised the firm’s price target on Tenet Healthcare (THC) to $230 from $217 and keeps a Buy rating on the shares. Labor efficiencies drove a fundamental outperformance, and the runway remains high for the high-acuity ambulatory surgery center strategy, the analyst tells investors in a research note.

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