Goldman Sachs Removes AmerisourceBergen (ABC) from Conviction Buy List

July 18, 2011 7:57 AM EDT
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Price: $179.98 --0%

Rating Summary:
    16 Buy, 8 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Goldman Sachs removed AmerisourceBergen (NYSE: ABC) from its Conviction Buy List, while maintaining a Buy rating.

The firm cited: (1) generic upside in FY12 better reflected in shares, (2) a lack of clear near-term catalysts, and (3) difficult FY12 specialty comp remaining a concern for investors.

For more ratings news on AmerisourceBergen click here and for the rating history of AmerisourceBergen click here.

Shares of AmerisourceBergen closed at $41.99 yesterday.


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