AmerisourceBergen to Acquire PharMEDium Healthcare Holdings, Inc.

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Cowen Reiterates Market Perform on AmerisourceBergen (ABC) Following Announced Plans to Acquire PharMEDium

October 6, 2015 1:22 PM EDT

Cowen reiterated a Market Perform rating and $119.00 price target on AmerisourceBergen (NYSE: ABC) following the company's announced plans to acquire PharMEDium for $2.575B. The acquisition is expected to be $0.22-$0.26 accretive to FY16 adj. EPS, net of $0.05 in financing costs and $0.04 due to reduced... More

AmerisourceBergen's (ABC) Acquisition of PharMEDium Comes as 'Modest Surprise' - Evercore

October 6, 2015 8:52 AM EDT

Evercore ISI affirmed its Hold rating and $108 price target on AmerisourceBergen (NYSE: ABC) after the company announced that it signed a definitive agreement to purchase PharMEDium Healthcare Holdings

Analyst Ross Muken commented, Today's announcement comes as a... More