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Wells Fargo Reaffirms Their Hold Rating on Community Health (CYH)
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Wells Fargo Reaffirms Their Hold Rating on Community Health (CYH)

In a report released today, Steve Baxter from Wells Fargo maintained a Hold rating on Community Health (CYHResearch Report), with a price target of $3.00. The company’s shares closed yesterday at $2.65.

According to TipRanks, Baxter is an analyst with an average return of -2.9% and a 45.65% success rate. Baxter covers the Healthcare sector, focusing on stocks such as Centene, HCA Healthcare, and UnitedHealth.

In addition to Wells Fargo, Community Health also received a Hold from Truist Financial’s David S Macdonald in a report issued on October 11. However, yesterday, Citi assigned a Buy rating to Community Health (NYSE: CYH).

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CYH market cap is currently $362.5M and has a P/E ratio of 1.22.

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Community Health (CYH) Company Description:

Community Health Systems, Inc. engages in the management and operations of hospitals. It operates general acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services. The company was founded in March 1985 and is headquartered in Franklin, TN.

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