AmerisourceBergen (ABC) Seen Taking a Hit from MedcoHealth Contract Loss
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Price: $70.30 --0%
Rating Summary:
5 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
Rating Summary:
5 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
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MedcoHealth's (NYSE: MHS) lost Federal Employee Program contact could have an indirect impact on AmerisourceBergen (NYSE: ABC), according to analysts at Susquehanna.
With AmerisourceBergen being MedcoHealt's primary distributor the lost contract could impact EPS by $0.03-$0.07.
Despite this, Susquehanna continues to recommend the stock and said any weakness should be bought due to the upside expecting in 2012-2014 from generics.
With AmerisourceBergen being MedcoHealt's primary distributor the lost contract could impact EPS by $0.03-$0.07.
Despite this, Susquehanna continues to recommend the stock and said any weakness should be bought due to the upside expecting in 2012-2014 from generics.
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