Bernstein SocGen Group has increased its price target for HCA Healthcare Inc (NYSE:HCA) to $541 from $503, while maintaining a Market Perform rating. This adjustment reflects HCA’s improved margin efficiency and robust share buyback capacity, with Bernstein raising EBITDA forecasts by 2-3% for the next five years. Despite the positive outlook on financial performance, concerns about high valuations and moderating rate growth led to the continued Market Perform rating.
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HCA Healthcare stock price target raised to $541 from $503 at Bernstein
Bernstein SocGen Group has increased its price target for HCA Healthcare Inc (NYSE:HCA) to $541 from $503, while maintaining a Market Perform rating. This adjustment reflects HCA’s improved margin efficiency and robust share buyback capacity, with Bernstein raising EBITDA forecasts by 2-3% for the next five years. Despite the positive outlook on financial performance, concerns about high valuations and moderating rate growth led to the continued Market Perform rating.