PharMerica (PMC) Raises FY14 Guidance

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Goldman Sachs Starts PharMerica (PMC) at Neutral

September 11, 2014 6:52 AM EDT

Goldman Sachs initiated coverage on PharMerica (NYSE: PMC) with a Neutral rating and a price target of $29.00.

Analyst Stephan Stewart said, "We are encouraged by PMCs efforts in managing through the loss of its top two clients (15-20% of sales) with (1) organic underlying... More