Wells cuts CHS rating

Analyst Gary Lieberman at Wells Fargo has lowered his rating on shares of Community Health Systems to 'market perform' from 'outperform.' One of the main reasons is a slowdown in admissions, which the company said is due in part to the allegations made earlier this year by rival chain Tenet Healthcare. CHS shares (Ticker: CYH) closed down slightly Friday and are off 52 percent so far this year.