Tenet Healthcare receives $40 price target: 5 takeaways

Raymond James analysts lowered Tenet Healthcare's price target from $45 to $40, according to MidSouth News.

Here are five takeaways:

1. On Friday, Tenet shares traded down nearly 2.3 percent.

2. The company has a 50-day moving average of $36.11 and a 200-day moving average of $48.22.

3. Tenet’s one-year high is $60.93 and one-year low is $26.62.

4. The company has a market cap of $3.44 billion.

5. The P/E ratio is 196.19.

 

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