Ardent Health Partners (NYSE:ARDT) Coverage Initiated at Citigroup

Equities research analysts at Citigroup started coverage on shares of Ardent Health Partners (NYSE:ARDT) in a research report issued to clients and investors on Monday, MarketBeat Ratings reports. The firm set a “buy” rating and a $21.00 price target on the stock. Citigroup’s price target suggests a potential upside of 30.76% from the stock’s current price.

A number of other equities analysts have also recently issued reports on the stock. SVB Leerink assumed coverage on shares of Ardent Health Partners in a research report on Monday. They set an “outperform” rating and a $23.00 target price for the company. Truist Financial assumed coverage on shares of Ardent Health Partners in a research note on Monday. They set a “buy” rating and a $21.00 price objective for the company. Royal Bank of Canada assumed coverage on shares of Ardent Health Partners in a research note on Monday. They set an “outperform” rating and a $23.00 price objective for the company. Morgan Stanley started coverage on shares of Ardent Health Partners in a research note on Monday. They set an “overweight” rating and a $27.00 price objective for the company. Finally, Mizuho started coverage on shares of Ardent Health Partners in a research note on Monday. They issued an “outperform” rating and a $20.00 target price for the company. One analyst has rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $21.70.

Ardent Health Partners Price Performance

ARDT stock opened at $16.06 on Monday. Ardent Health Partners has a 52 week low of $15.00 and a 52 week high of $18.16.

About Ardent Health Partners

We are the fourth largest privately held, for-profit operator of hospitals and a leading provider of healthcare services in the United States(1). We currently operate in eight growing mid-sized urban markets across six states: Texas, Oklahoma, New Mexico, New Jersey, Idaho, and Kansas. We deliver care through a system of 30 acute care hospitals, more than 200 sites of care, and over 1,700 providers that are either employed by or affiliated with us(2), as of March 31, 2024.