THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING

Closing Glance: Tenet leads rising health care stocks

Email|Print|Single Page| Text size – +
April 25, 2008

NEW YORK—Health care stocks gained ground Friday, with an analysts' upgrade giving a big lift to shares of Tenet Healthcare Corp.

Ken Weakley of Credit Suisse said hospital prices are improving, which will increase Tenet's profit and revenue, and he upgraded the stock to "Outperform" from "Neutral"

Tenet stock rose 73 cents, or 13.4 percent, to $6.19 in afternoon.

Among Friday's results for shares of health care providers and service companies:

Humana Inc., up $1.82, or 4.2 percent, to $44.88.

WellPoint Inc. added $2.07, or 4.2 percent, to $51.07.

Cardinal Health Inc. bucked the trend, slipping 2 cents to $52.63.

© Copyright 2008 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

more stories like this

  • Email
  • Email
  • Print
  • Print
  • Single page
  • Single page
  • Reprints
  • Reprints
  • Share
  • Share
  • Comment
  • Comment
 
  • Share on DiggShare on Digg
  • Tag with Del.icio.us Save this article
  • powered by Del.icio.us
Your Name Your e-mail address (for return address purposes) E-mail address of recipients (separate multiple addresses with commas) Name and both e-mail fields are required.
Message (optional)
Disclaimer: Boston.com does not share this information or keep it permanently, as it is for the sole purpose of sending this one time e-mail.