Cardinal Health (CAH) options active on 7K contracts as share price down 4%

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Baird Defends Cardinal Health (CAH): 'Market fears played out, buyers on weakness'

April 23, 2024 6:21 AM EDT

Baird analyst Eric Coldwell reiterated an Outperform rating and $134.00 price target on Cardinal Health (NYSE: CAH).

The analyst comments "Market fears played out, buyers on weakness. We have long posited that CAH could well absorb loss of OptumRx given strong underlying market fundamentals,... More