Cardinal Health (CAH) volatility increases as shares near three-year low into Q1

Go back to Cardinal Health (CAH) volatility increases as shares near three-year low into Q1

Cardinal Health (CAH) PT Lowered to $67 at Jefferies; Remains Sidelined

November 7, 2017 8:10 AM EST

Jefferies lowered its price target on Cardinal Health (NYSE: CAH) to $67.00 (from $77.00) while maintaining a Hold rating following the company's earnings release. Despite missing consensus revenue by ~2.5% ($32.6B vs. $33.4B), CAH beat on earnings for the quarter as a result of better than expected... More