Goldman Sachs Comments On Cardinal Health
According to a recent report, Goldman Sachs hosted a dinner with Cardinal Health (NYSE: CAH) CFO Jeff Henderson at the 32nd Annual Global Healthcare Conference. The tones of the dinner was positive and CAH internal initiatives seem to be back on track. Additional highlights of the conference included emerging markets, capital deployment, generic pricing, medical transformation, preferred products, and ambulatory distribution.
In the report, Goldman Sachs said, "Cardinal believes it is well-positioned to take advantage of the generic opportunity over the next few years, especially with the addition of Kinray, which gives it about one third of the retail independents, and feels good about its positioning beyond the generic wave, given its diversified business mix."
CAH closed yesterday at $44.12.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.