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Fly News Breaks for August 9, 2017
WBA, KKR, CAH, PMC, ABC
Aug 9, 2017 | 15:40 EDT
Baird analyst Eric Coldwell said AmerisourceBergen's (ABC) 10-Q last week showed that the company and PharMerica (PMC) have tentatively agreed to settle their long-running legal fight, which he reads as significantly increasing the odds of AmerisourceBergen displacing incumbent Cardinal Health (CAH) after KKR (KKR) and minority investor Walgreens (WBA) complete their deal to buy PharMerica. Coldwell has a Neutral rating and $89 price target on AmerisourceBergen shares.
News For ABC;PMC;CAH;KKR;WBA From the Last 2 Days
KKR
KKR
Apr 16, 2024 | 07:15 EDT
TD Cowen raised the firm's price target on KKR to $154 from $144 and keeps a Buy rating on the shares. The firm raised their 12-month, blended sum-of-the-parts derived and Street high price target to reflect excess cash deployment, which assumes a static combined payout ratio but discounted by 15% to reflect uncertainty.
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