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Stock Market & Financial Investment News

News Breaks
August 5, 2014
14:43 EDTLPNTLifePoint Hospitals price target raised to $66 from $55 at Cantor
Cantor increased its price target on LifePoint after the company reported better than expected Q2 results. The firm thinks the company is benefiting from larger, more urban hospitals, reform and acquisitions. However, it keeps a Hold rating on the shares.
News For LPNT From The Last 14 Days
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October 16, 2014
10:01 EDTLPNTOn The Fly: Analyst Upgrade Summary
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07:14 EDTLPNTLifePoint Hospitals upgraded at RW Baird
As previously reported, Baird upgraded LifePoint to Outperform from Neutral. The firm upgraded shares based on valuation, M&A pipeline momentum, improved core operations, and potential further ACA benefit. Price target raised to $76 from $70.
06:09 EDTLPNTLifePoint Hospitals upgraded to Outperform from Neutral at RW Baird
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October 7, 2014
06:03 EDTLPNTCMS readmission penalties increase in 2015, says Wells Fargo
Wells Fargo says CMS released the final 2015 IPPS payment penalties for hospital readmissions, with incremental earnings Impact of down 0.2% to down 1.9% at for-profit hospitals. The firm estimates Community Health Systems (CYH) and Tenet Health (THC) will see the largest incremental reimbursement reduction in 2015, equal to down 1.9% and down 1.4%, respectively. It notes 2015 is the third year of hospital readmission penalties with a maximum penalty of 3%, up from 2% in 2014 and 1% in 2013. Wells has Outperform ratings on Community Health and HCA Holdings (HCA), and Market Perform ratings on LifePoint Hospitals (LPNT), Tenet and Universal Health (UHS).

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