Market Overview

UPDATE: ISI Group Initiates Cardinal Health with Market Weight, $45 PT; Pharma Distribution Growth Stabilizing

Share:
Related CAH
7 Stocks To Watch Ahead Of The 60 Minutes DEA-Opioid Exposé
Lightning Round: Jim Cramer Gives His Opinion On Kratos Defense & Security Solutions, Nike And More

ISI Group initiated its coverage on Cardinal Health (NYSE: CAH) with a Market Weight rating and a price target of $45 a share.

ISI Group commented, "Our thesis for CAH is based on normalization in pharma distribution growth as the multi-year turnaround enters its later stages, modest headline contract risk in the medium-term given the Express Scripts RFP and CVS / Walgreen renewals, and a gradual improvement in Medical profitability as the Medical Business Transition (MBT) truly takes hold in FY14."

Cardinal Health closed at $42.34 on Wednesday.

Latest Ratings for CAH

DateFirmActionFromTo
Sep 2017RBC CapitalInitiates Coverage OnSector Perform
May 2017JefferiesInitiates Coverage OnHold
Apr 2017Tigress FinancialInitiates Coverage OnNeutral

View More Analyst Ratings for CAH
View the Latest Analyst Ratings

Posted-In: ISI GroupAnalyst Color Initiation Intraday Update Analyst Ratings

 

Related Articles (CAH)

View Comments and Join the Discussion!
Loading...

Partner Center

Loading...