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Tenet Healthcare Surges to 418th in Trading Volume with $380 Million Turnover
Generated by AI AgentAinvest Volume Radar
Friday, May 30, 2025 8:07 pm ET1min read
On May 30, 2025,
(THC) saw a significant increase in trading volume, with a turnover of $380 million, marking a 58.77% rise from the previous day. This surge placed Tenet Healthcare at the 418th position in terms of trading volume for the day. The stock price of Tenet Healthcare rose by 1.51%, marking the second consecutive day of gains, with a total increase of 2.49% over the past two days.Wells Fargo has upgraded its outlook for Tenet Healthcare from Equal-Weight to Overweight. This decision was made on May 29, 2025, and comes with a significant adjustment to the price target for
, now set at $195.00 USD, up from the previous target of $150.00 USD. This upgrade reflects a positive outlook on the company's prospects, driven by receding policy risks to hospitals.The upgrade by
is expected to have a positive impact on Tenet Healthcare's stock price, as it indicates a bullish sentiment towards the company. The new price target of $195.00 USD suggests that analysts at Wells Fargo believe the stock has significant upside potential. This upgrade comes at a time when the healthcare sector is facing various challenges, and Tenet Healthcare's ability to navigate these challenges has been recognized by Wells Fargo.
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