Community Health Systems (CYH -1.1%) trades lower after BMO cut its rating to Underperform on...

|About: Community Health Systems, Inc. (CYH)|By:, SA News Editor

Community Health Systems (CYH -1.1%) trades lower after BMO cut its rating to Underperform on valuation with a $35.00 price target. BMO says the stock has risen over 30% this year on the back of the Obamacare wave, but there are too many variables at play in FY14 to justify the move.  Additionally, managed care rates due to be released this week could "reignite investor concerns around government reimbursement and the real macro pressures affecting the space."