BMO Capital initiates Community Health stock at Market Perform
BMO Capital initiated coverage on Community Health Systems (NYSE: CYH) with a Market Perform rating and a $3.00 price target. The company's stock trades at $3.02, with a Fair Value estimate of $3.86. BMO expects improvements in quality, employee engagement, and patient experience to drive mid-teens EBITDA margins and positive free cash flow, despite current debt of $10.2 billion and negative $185 million levered free cash flow.

