Tuesday, May 19, 2009

Tenet Healthcare (NYSE:THC): Upgraded to Buy at Goldman Sachs

Goldman is making a gutsy bet on the hospital operator, taking their tgt from $1 to $5.

I'm just wondering if Tenet (NYSE:THC) will shape up like Zale (NYSE:ZLC) following the Merrill Lynch upgrade last week.

- Distressed (check)

- Sub $5 stock (check)

- Up already 100%+ from lows (check)

- Tier-1 upgrade (check)

Notablecalls: I'm not making an outright call here but THC could hit $3+ on this.

4 comments:

notablecalls said...

looks like the market isnt cooperating here. Don't think we will see $3 today,

FYI

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