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Tenet Healthcare selloff overdone after Q4 earnings, says Cantor Fitzgerald

Tenet Healthcare selloff overdone after Q4 earnings, says Cantor Fitzgerald

Tenet Healthcare (THC) reported Q4 earnings and guidance in line with estimates, but Cantor Fitzgerald tells investors in a research note that the selloff on the quarter seems overdone, even though there is “less to get excited about” in 2025, given policy uncertainty. The firm, which has an Overweight rating and $177 price target on the shares, does not believe there was enough clear conservatism to rally the stock given the 2024 provider group outperformance.

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