โ๏ธ Tenet Healthcare (THC): Positive Outlook in 2024! ๐ฅ๐
๐ Analysis:
Positive Outlook:
THC
anticipates continued organic volume growth, strong patient acuity, and effective cost management in 2024.
Strategic Move: Alleviated long-term debt by selling three hospitals in South Carolina for $2.4 billion in cash.
Financial Performance: Strong finish to the year with an attractive adjusted EBITDA margin.
๐ Bullish Sentiment:
Entry Range: Suggested entry above the $77.00-$78.00 range.
Upside Target: Aiming for an upside in the $145.00-$147.00 range.
๐ Note: Monitor THC's performance in line with its outlined strategies and financial results! ๐๐น #THC #HealthcareOutlook #BullishSentiment ๐ฅ๐
Positive Outlook:
THC
anticipates continued organic volume growth, strong patient acuity, and effective cost management in 2024. Strategic Move: Alleviated long-term debt by selling three hospitals in South Carolina for $2.4 billion in cash.
Financial Performance: Strong finish to the year with an attractive adjusted EBITDA margin.
๐ Bullish Sentiment:
Entry Range: Suggested entry above the $77.00-$78.00 range.
Upside Target: Aiming for an upside in the $145.00-$147.00 range.
๐ Note: Monitor THC's performance in line with its outlined strategies and financial results! ๐๐น #THC #HealthcareOutlook #BullishSentiment ๐ฅ๐