The Latest Breaking News from Tenet

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By Lisa Thompson OTC:PKKFF READ THE FULL PKKFF RESEARCH REPORT

RBC Capital Markets views Tenet Healthcare Corp's (NYSE:THC) Q1 earnings in-line with expectations reflecting solid execution and labor cost management amid January omicron headwinds.  The analysts have raised the price target from $89 to $104 (41% upside) with an Outperform rating. Against an increasingly difficult labor backdrop characterized by high agency utilization, Tenet could hold…

Tenet Healthcare Corp's (NYSE:THC) Q1 FY22 adjusted EPS came in at $1.93, up from $1.30 a year ago and beating the management guidance of $0.92 - $1.15. Net operating revenue hit $4.74 billion, marginally down 0.75% Y/Y, beating the consensus of $4.71 billion. Management expected sales of $4.6 billion - $4.8 billion. Adjusted…

Tenet Healthcare Corp's (NYSE: THC) 

Hospital operator Tenet Healthcare is the IBD Stock of the Day. THC stock was holding up in a shallow base.

Amid a correction, investors should build up watchlists focusing on stocks with strong relative strength.