12 Cheap Blue Chip Stocks to Buy According to Wall Street Analysts 

10. HCA Healthcare, Inc. (NYSE:HCA)

Analyst Upside: 26.39%

HCA Healthcare, Inc. (NYSE:HCA) is one of the top cheap blue chip stocks to buy according to Wall Street analysts. Barclays downgraded HCA Healthcare, Inc. (NYSE:HCA) to Equal Weight from Overweight on July 8, bringing the price target on the stock down to $427 from $496. The firm told investors that following a strong three-year bull run driven by ACA membership growth, widening revenue-cost spreads, and Medicaid state-directed payments, the fundamental and regulatory backdrop for acute hospitals is turning more negative, and the firm “can no longer recommend the group on an unqualified basis”.

In another development, TD Cowen cut the price target on HCA Healthcare, Inc. (NYSE:HCA) to $431 from $500 on June 22 and maintained a Buy rating on the shares. The firm told investors in a research note that it reduced the company’s 2026 and 2027 growth assumptions after its May hospital survey showed flat year-over-year revenue. It further stated that the survey commentary shows weaker surgical volumes that were partially offset by growth in medical volumes.

HCA Healthcare, Inc. (NYSE:HCA) is a health services company involved in operating hospitals, urgent care facilities, freestanding surgery centers, emergency care facilities, walk-in clinics, diagnostic and imaging centers, comprehensive rehabilitation and physical therapy centers, radiation and oncology therapy centers, and several more. The company operates general and acute care hospitals that offer medical and surgical services.