By: Benzinga
UPDATE: JP Morgan Initiates Community Health Systems at Overweight on Reform-Based Coverage Expansion
JP Morgan initiated coverage on Community Health Systems (NYSE: CYH ) with an Overweight rating and a $38 price target. JP Morgan noted, "Community offers solid upside potential from reform-based coverage expansion, especially when considered against its 5.0x DEBT/EBITDA ratio. While leverage adds risk to
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