Cardinal Health (CAH) Misses Q3 EPS by 7c
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May 5, 2022 12:41 PM EDT
Mizuho Securities analyst Ann Hynes raised the price target on Cardinal Health (NYSE: CAH) to $58.00 (from $53.00) while maintaining a Neutral rating following earnings.
The analyst commented, "We are lowering our FY22-FY24 estimates following FQ3:22 results and reduced guidance. CAH lowered... More
May 3, 2022 7:35 AM EDT
AmerisourceBergen (NYSE: ABC), Cardinal Health (NYSE: CAH) and McKesson (NYSE: MCK) announced today that they have reached an agreement with the Washington Attorney General, under which the distributors will pay up to $518 million to the State of Washington and its participating subdivisions to resolve opioid-related claims. This amount is consistent with Washingtons allocation under the previously announced comprehensive agreement to settle the vast majority of the opioid lawsuits filed by state and local governmental entities, as well as certain attorneys fees and... More
