HCA stock receives ‘outperform’ rating, Tenet stock drops 1.18% & more — 4 key notes on ASC companies

Here are four updates on ASC companies:

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1. Oppenheimer gave Hospital Corporations of America stock an “outperform” rating on Thursday, July 16. HCA stock presently has a $105.00 target price.

2. Tenet stock dropped 1.18 percent last week, despite positive gains of 11.53 percent in the last four weeks.

3. Surgical Care Affiliates shares dropped 0.28 percent. SCA posted positive gains of 0.78 percent over the past month and the company presently has a consensus rating of “hold.”

4. Zacks lowered AmSurg shares from a “buy” rating to a “hold” rating in a report released Tuesday, July 14. AmSurg opened at $70.40 on Tuesday. The company has a 50-day moving average of $69.77 and a 200-day moving average of $62.76, according to the Legacy.

If you have a question, issue or note to suggest on an ASC management and development company please contact Carrie Pallardy at cpallardy@beckershealthcare.com or Mary Rechtoris at mrechtoris@beckershealthcare.com.

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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