-
Citi Raises EPS From $2.83 To $2.93 And PT From $33 To $34 On Community Health Systems (CYH)
Monday, May 9, 2011 - 7:36am | 104In a recent report, Citi has raised the EPS on Community Health Systems (NYSE: CYH) from $2.83 to $2.93 and the price target on the company from $33.00 to $34.00 due to the sale of physician clinic and new "held-for-sale" hospital. In the report, Citi said, "We are slightly raising earnings...
-
Jefferies Reports DOJ Contacts CYH
Monday, April 25, 2011 - 9:40am | 97According to Jefferies, Community Health Sys (NYSE: CYH) was contacted by the DOJ on Friday regarding a False Claims Act lawsuit filed in 2009 and that should put additional pressure on CYH's stock today. Jefferies said that this comes just as THC's Board rejected CYH's latest all-cash $6 offer. “...
-
Jefferies Initiates Coverage On Community Health Sys With Hold Rating
Thursday, April 14, 2011 - 7:50am | 83According to Jefferies, Community Health Sys. (NYSE: CYH) is initiated with a Hold rating. Jefferies reported that it is initiating coverage of CYH with a Hold rating and $36 PT. “Despite the company's proven track record of good financial and operational performance, recent allegations of...
-
Deutsche Bank Reports Community Health System Bid For Tenet Healthcare Rejected
Friday, December 10, 2010 - 10:18am | 138Deutsche Bank reports Community Health Systems' (NYSE: CYH)bid on Tenet Healthcare (NYSE: THC) was rejected. In a note to clients, Deutsche Bank reports, "CYH went public with a surprise $6/share bid for THC comprised of $5/share in cash and $1/share in CYH stock. The offer has been rejected by THC...