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New York, NY -- (SBWIRE) -- 12/17/2012 -- Tenet Healthcare Corporation (NYSE:THC) , and its subsidiaries (Tenet) is an investor-owned health care services company whose subsidiaries and affiliates own and operate acute care hospitals, ambulatory surgery centers, diagnostic imaging centers and related health care facilities. Its core business is focused on providing acute care treatment, including inpatient care, intensive care, cardiac care, radiology services and emergency medical treatment, as well as outpatient services. Tenet’s operations include the California region, the Central region, the Florida region and the Southern States region.
Tenet Healthcare Corporation (NYSE:THC) stock increased 2.71% to $31.46 after Deutsche Bank upgraded shares of Tenet from a hold rating with a buy rating in a report issued today. They currently have $38.00 target price on the stock, up from their previous target price of $31.00. Additionally, Analysts at Susquehanna reiterated a neutral rating on shares of Tenet Healthcare in a research note to investors on November 30. They now have a $30.00 price target on the stock.
How Should Investors React to THC Now? Find Out Here
Tesoro Corporation (NYSE:TSO) shares gained 5.56% to $43.66. Credit Suisse upgraded shares of Tesoro from a neutral rating to an outperform rating in a research note issued to investors last week. The firm currently has a $60.00 target price on the stock, up from their previous target price of $53.00.
Additionally, TSO and Tesoro Logistics announced that Tesoro closed the sale of the Anacortes Rail Unloading Facility owned by Tesoro’s subsidiary, Tesoro Refining and Marketing Company, to Tesoro Logistics LP (the “Partnership”) for total consideration of $180 million.
Is TSO Showing Any Sign of Buy At The Current Market Price? Get Our Free Trend Analysis Here
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