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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: StockDung who wrote (11862)11/4/1999 9:00:00 AM
From: StockDung  Respond to of 18998
 
RESEARCH ALERT-Triad Hospitals <TRIH.O> upgraded


CHICAGO, Nov 3 (Reuters) - ING Barings said Wednesday it raised its rating on Triad Hospitals Inc. to buy from hold and set a 12-month price target of $17.

Said stock price's recent decline has made stock valuation more compelling.

Said risk of pressure from sales by Columbia/HCA Healthcare Corp. <COL.N>holders has diminished. Triad was spun off from Columbia/HCA in May.

Third quarter earnings reflect solid progress in restoring its assets to higher profitability.

Shares of Triad were up 10/16 at 11-1/16.

10:35 11-03-99