Jefferies Group slashes Tenet’s price target to $28: 4 facts

Jefferies Group lowered Dallas-based Tenet Healthcare Corp.’s price target to $28, according to Community Financial News.

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Here are four facts:

1. The price target update indicates a 52.67 percent potential upside from Tenet’s previous close.

2. On Feb. 6, 2017, Tenet shares opened trading at $18.34 per share.

3. Tenet’s 50 day moving average is $16.91 and its 200-day moving average is $20.76.

4. The company has a market cap of $1.83 billion.

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