Soleil Securities Initiates Coverage on Omnicare (OCR) with a Hold
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Soleil Securities initiates coverage on Omnicare, Inc. (NYSE: OCR) with a Hold. Price target $34.50.
Soleil analyst says, "In our opinion, limited near term upside potential with stock rebound after management increased guidance following 2QR. Despite an on-going major initiative to enhance operating efficiency and increase customer growth, significant issues remain."
Omnicare, Inc. (Omnicare) is a geriatric pharmaceutical services company. The Company operates in two segments: Pharmacy Services and Contract Research Organization Services (CRO Services).
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