AmerisourceBergen (ABC) Tops Q3 EPS by 10c; Guides In-Line

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AmerisourceBergen (ABC) PT Raised to $93.50 at Evercore ISI; 'Hold' Maintained

August 2, 2016 2:26 PM EDT

Evercore ISI analyst Ross Muken reiterated a Hold rating but raised his price target on AmerisourceBergen (NYSE: ABC) to $93.50 (from $81.00) following solid Q3 results.

Muken commented, "Amerisource provided a much more optimistic update this Q vs. the prior, with the FY16 and FY17 EPS... More