Initiated Buy X

THC Tenet Healthcare

TD Cowen

$175

Resumed Overweight X

THC Tenet Healthcare

JP Morgan

$175

Downgrades Buy Neutral X

THC Tenet Healthcare

Goldman

$196 $140

Downgrades Overweight Eq Weight X

THC Tenet Healthcare

Wells Fargo

$205 $150

Downgrades Strong Buy Outperform X

THC Tenet Healthcare

Raymond James

$195

Initiated Overweight X

THC Tenet Healthcare

KeyBanc Capital Markets

$200

Initiated Outperform X

THC Tenet Healthcare

Robert W. Baird

$153

Upgrades Peer Perform Outperform X

THC Tenet Healthcare

Wolfe Research

$122

Initiated Overweight X

THC Tenet Healthcare

Barclays

$113

Initiated Overweight X

THC Tenet Healthcare

Cantor Fitzgerald

$73

Initiated Overweight X

THC Tenet Healthcare

JP Morgan

$72

Initiated Buy X

THC Tenet Healthcare

Loop Capital

$80

Initiated Overweight X

THC Tenet Healthcare

Wells Fargo

$100

Upgrades Neutral Buy X

THC Tenet Healthcare

UBS

$83 $111

Upgrades Mkt Perform Outperform X

THC Tenet Healthcare

SVB Leerink

$88 $100

Upgrades Hold Buy X

THC Tenet Healthcare

Truist

$90

Upgrades Outperform Strong Buy X

THC Tenet Healthcare

Raymond James

$105 $120

Resumed Buy X

THC Tenet Healthcare

Citigroup

$91 $96

Resumed Buy X

THC Tenet Healthcare

Citigroup

$88

Initiated Buy X

THC Tenet Healthcare

Seaport Global Securities

$80

Resumed Buy X

THC Tenet Healthcare

Goldman

$89

Upgrades Hold Buy X

THC Tenet Healthcare

Jefferies

$60

Upgrades Neutral Buy X

THC Tenet Healthcare

BofA Securities

$50

Resumed Neutral X

THC Tenet Healthcare

Goldman

$28

Reiterated Neutral X

THC Tenet Healthcare

BofA/Merrill

$21 $30

Initiated Equal-Weight X

THC Tenet Healthcare

Stephens

$23

Downgrades Outperform Neutral X

THC Tenet Healthcare

Robert W. Baird

Initiated Neutral X

THC Tenet Healthcare

UBS

$26

Downgrades Buy Hold X

THC Tenet Healthcare

Jefferies

Resumed Buy X

THC Tenet Healthcare

Mizuho

$29

Resumed Market Perform X

THC Tenet Healthcare

Wells Fargo

$20

THC  Tenet Healthcare Corporation

Tenet Healthcare Corporation (Tenet) is a healthcare services company. The Company operates regionally focused, integrated healthcare delivery networks in large urban and suburban markets in the United States. The Company's segments include Hospital Operations and Other, Ambulatory Care and Conifer. As of December 31, 2016, its subsidiaries operated 79 hospitals, including three academic medical centers, two children's hospitals, two specialty hospitals and one critical access hospital. The Company's Ambulatory Care segment includes the operations of its USPI joint venture and its Aspen facilities. As of December 31, 2016, Conifer provided one or more of the business process services described above from 20 service centers to more than 800 Tenet and non-Tenet hospital and other clients in over 40 states. As of December 31, 2016, the Company operated 20 short-stay surgical hospitals, over 470 outpatient centers, and nine facilities in the United Kingdom.