Tenet Healthcare stock steadies in premarket after 17% surge; KeyBanc lifts target to $250
Tenet Healthcare shares traded near $226 premarket after a 17% surge Wednesday. KeyBanc raised its price target to $250. Tenet forecasts 2026 adjusted EPS of $16.19–$18.47 and expects a 20% drop in ACA exchange enrollment as premium tax credits expire. Net income for Q4 reached $371 million on $5.53 billion revenue.
