Community Health price target raised to $5.00 from $4.50 at Truist

Truist raised the firm’s price target on Community Health (CYH) to $5.00 from $4.50 and keeps a Hold rating on the shares as part of a broader research note on Healthcare Services names. The analyst cites the recent market moves and multiples following commentary from both UnitedHealth (UNH) and Humana (HUM) around an uptick in utilization, reducing targets in Managed Care and bumping Hospital targets while remaining broadly bullish on both groups.