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Thursday, Jun 6
Credit Suisse puts out a positive note on non-urban hospitals, saying they are "uniquely...
Credit Suisse puts out a positive note on non-urban hospitals, saying they are "uniquely positioned" for the U.S.'s healthcare reform. The sector has "the potential to reinvigorate growth elements of the rural market strategy that has historically translated to premium valuation relative to urban peers." CS upgrades LifePoint Hospitals (LPNT) to Outperform from Neutral and raises it target price to $60 from $48 vs yesterday's close of $48.64. The bank also ups its price target for Community Health Systems (CYH) to $61 from $55 vs a close of 47.09, and for Health Management Associates (HMA) to $16 from $12 vs $13.60.