Oppenheimer Sticks to Their Buy Rating for Community Health (CYH)
In a report released today, Michael Wiederhorn from Oppenheimer maintained a Buy rating on Community Health, with a price target of $4.00.
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According to TipRanks, Wiederhorn is a 5-star analyst with an average return of 9.7% and a 58.92% success rate. Wiederhorn covers the Healthcare sector, focusing on stocks such as The Ensign Group, Amedisys, and Centene.
In addition to Oppenheimer, Community Health also received a Buy from RBC Capital’s Ben Hendrix in a report issued on February 17. However, today, Barclays maintained a Hold rating on Community Health (NYSE: CYH).
Based on Community Health’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.11 billion and a net profit of $110 million. In comparison, last year the company earned a revenue of $3.27 billion and had a GAAP net loss of $70 million
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