BofA warns hospitals face profit and volume pressure from policy cuts, favors post-acute care, upgrades Brookdale, and sees select names better positioned to weather challenges.
Companies Reporting Before The Bell
• AstraZeneca (NASDAQ:AZN) is expected to report quarterly earnings at $0.67 per share on revenue of $11.21 billion.
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Wells Fargo has decided to maintain its Overweight rating of Tenet Healthcare (NYSE:THC) and lower its price target from $82.00 to $48.00.
Shares of Tenet Healthcare are trading up 3.95% over the last 24 hours, at $38.98 per share.