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Fly News Breaks for November 10, 2016
ABC
Nov 10, 2016 | 07:58 EDT
As previously reported, Morgan Stanley upgraded AmerisourceBergen to Overweight from Equal Weight and raised its price target to $89 from $84. Analyst Ricky Goldwasser has increased confidence in earnings and multiple expansion following the Trump win and Republican sweep. Additionally, he expects AmerisourceBergen to benefit from its Walgreens partnership and sees further incremental upside if it closes its pending RiteAid acquisition.
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