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HCA Healthcare initiated with an Overweight at KeyBanc

HCA Healthcare initiated with an Overweight at KeyBanc

KeyBanc analyst Matthew Gillmor initiated coverage of HCA Healthcare with an Overweight rating and $475 price target The firm said that HCA’s success has been defined by the strategic positioning of its hospital systems, the depth of its networks, and strong management execution. There is a self-perpetuating quality to HCA’s performance, marked by superior growth and margins that generate strong cash flow, the analyst tells investors in a research note. The firm added that volume momentum appears strong and that the stock’s valuation is now higher.

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