Information Provided By:
Fly News Breaks for March 16, 2016
OMI, CSCO, CAH, ABC, BIG
Mar 16, 2016 | 10:14 EDT
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Big Lots (BIG) initiated with an Underperform at Credit Suisse by analyst Edward Kelly, who said visibility on longer-term merchandising catalysts is low, credit-driven gains don't appear sustainable, and its e-commerce effort should be viewed cautiously. Kelly struggles to see how BIG grows EBITDA longer term and believes the company's recovery will eventually fade. 2. AmerisourceBergen (ABC) initiated with an Outperform at Credit Suisse. 3. Cardinal Health (CAH) initiated with an Outperform at Credit Suisse. 4. Cisco (CSCO) initiated with an Outperform at RBC Capital. 5. Owens & Minor (OMI) initiated with an Underperform at Credit Suisse. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.