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Stock impact report

Cardinal Health, Inc. (CAH) Shares Gain Favor as Citi Turns Bullish on Specialist Assets [Yahoo! Finance]

Cardinal Health, Inc. (CAH) 
Last cardinal health, inc. earnings: 2/6 06:55 am Check Earnings Report
US:NYSE Investor Relations: ir.cardinalhealth.com/home
Company Research Source: Yahoo! Finance
TheFly reported on January 9 that Citi upgraded CAH from Neutral to Buy, raising the price target from $190 to $244. Daniel Grosslight, a Citi analyst, offered this upgrade, which shows confidence in the company's growth of specialist assets in addition to the solid performance of its main pharmaceutical distribution business. Citi highlighted further expansion of the specialist business of Cardinal Health, Inc. (NYSE:CAH), especially the addition of newly acquired MSO assets such as Solaris Health, which is expected to enhance the efficiency of operations and aid in the increase of revenue. It was announced that the company remains cautious on the Global Medical Products and Distribution (GMPD) business, although it believes that the potential upside exists compared to its own expectation versus the consensus forecasts. Cardinal Health, Inc. (NYSE:CAH) is a large U.S. healthcare services and products company headquartered in Dublin, Ohio. It distributes pharmaceuticals and medic Show less Read more
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