Movement Alert｜Hca Healthcare Inc Intraday Rise 3.06% in Regular Trading, Q3 Beat and Higher Price Targets Support Shares

Market Focus10-30 03:15

On October 30, Hca Healthcare Inc rose 3.06% in Regular Trading, trading at $477.16, with turnover of $387 million.

The move followed stronger-than-expected quarterly results and subsequent analyst target-price increases. The company reported third-quarter revenue of $19.85 billion, up 3.6% year over year, and adjusted EPS of $7.22, above market expectations near $6.65 to $6.66. Management said full-year results are expected in the upper half of its prior guidance range, reinforcing the view that operating performance remains resilient.

Institutional follow-through also supported sentiment. Bernstein raised its target price to $471 from $426, while the broader analyst consensus target was about $473.33. Earlier coverage updates had also reflected constructive positioning on Hca Healthcare Inc after the earnings release.

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