HCA Healthcare, Inc.

(New York Stock Exchange)
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Slightly Bullish +25

TD Cowen Cuts PT on HCA Healthcare (HCA) But Remains Bullish

AI-generated analysis

πŸ“‰ TD Cowen cut HCA Healthcare's price target from $500 to $431 on June 22.

πŸ“Š Analysts maintained a Buy rating despite the lower valuation target.

πŸ“‰ Growth assumptions for 2026 and 2027 were reduced following flat revenue in May.

πŸ”ͺ Surgical volumes showed weakness according to the latest hospital survey data.

πŸ₯ Medical volumes partially offset the decline in surgical activity.

🀝 HCA agreed to acquire The College of Health Care Professions on May 27.

πŸŽ“ The acquired college educates over 8,000 students across Texas and online.

πŸ—οΈ The acquisition expands HCA's footprint in healthcare education and workforce training.

πŸ₯ HCA operates a wide range of facilities including hospitals, urgent care, and surgery centers.

πŸ’‘ Analysts view HCA as a top non-tech stock despite AI sector comparisons.

Bullish Signals
  • TD Cowen maintains a Buy rating on HCA Healthcare despite lowering the price target.
  • HCA is identified by analysts as one of the best non-tech stocks to buy.
  • Medical volumes showed growth, partially offsetting weaker surgical volumes.
  • HCA announced an agreement to acquire The College of Health Care Professions, expanding its educational portfolio.
Risk Factors
  • TD Cowen reduced HCA's price target from $500 to $431.
  • Growth assumptions for 2026 and 2027 were lowered due to flat year-over-year revenue in May.
  • Surgical volumes weakened according to the latest hospital survey data.
Full Analysis
TD Cowen has lowered its price target for HCA Healthcare (NYSE: HCA) from $500 to $431 while maintaining a Buy rating. The firm adjusted its growth assumptions for 2026 and 2027 downward following a May hospital survey that indicated flat year-over-year revenue growth. The survey data revealed weaker surgical volumes, which were partially offset by increases in medical volumes. Despite the downgrade in price targets, analysts maintain their bullish stance on the stock, citing HCA as one of the best non-tech stocks to buy. In a separate strategic development announced on May 27, HCA Healthcare agreed to acquire The College of Health Care Professions (CHCP). This acquisition will allow HCA to own an educational institution serving over 8,000 students annually across ten campuses in Texas and online, reinforcing its commitment to workforce readiness. HCA Healthcare operates a diverse portfolio including general acute care hospitals, urgent care facilities, surgery centers, and diagnostic imaging centers. While the article notes risks associated with AI stocks compared to HCA, it emphasizes HCA's established position in health services.