5 Stocks Hedge Funds and Wall Street Analysts Are Crazy About

2. Tenet Healthcare Corporation (NYSE:THC)  

Upside Potential: 75.49%
Number of Hedge Fund Holders: 74

Tenet Healthcare Corporation (NYSE:THC) is a diverse healthcare services provider, running general hospitals with acute care and intensive care units.

Tenet Healthcare Corporation (NYSE:THC) remains one of the best stocks to buy, according to hedge funds and Wall Street analysts, as the company continues to see positive momentum with robust same-facility volume and revenue growth. Strategic growth initiatives and operating discipline affirm the company’s ability to generate long-term value.

Based on 13 Wall Street analysts offering 12-month price targets for Tenet Healthcare Corporation (NYSE:THC) in the last three months, the average price target is $94.92, with a high forecast of $105.00 and a low forecast of $86.00. The average price target represents a 75.49% change from the last price of $54.09.

Out of 910 hedge funds profiled by Insider Monkey, there were around 74 hedge fund investors who had invested in Tenet Healthcare Corporation (NYSE:THC). Larry Robbins-led Glenview Capital was the largest shareholder of Tenet Healthcare Corporation (NYSE:THC), which owned around 6.47 million shares that are valued at $526.43 million.

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