In addition to its reaching an agreement with Health Net (HNT +1%) on reimbursement rates, Tenet Healthcare (THC +3.5%) gets an added boost from an upgrade to Outperform at Raymond James. The firm says that despite the run we've already seen in hospital stocks, there's still room for THC. The company has solid free cash flow and its refinancing efforts will only add more that down the road. Additional growth drivers, such as the Conifer health-information business and benefits from the health-care overhaul, should help propel the stock higher over the near term.
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