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Fly News Breaks for April 24, 2018
CAH
Apr 24, 2018 | 07:39 EDT
As previously reported, Leerink analyst David Larsen upgraded Cardinal Health (CAH) to Outperform from Market Perform as he believes several long-term overhangs are lifting including the stabilization of both generic and brand pricing from Cardinal's perspective, less risk from drug pricing reform, and as he thinks Amazon (AMZN) is less of a threat than many investors expect. The analyst also raised his price target on the shares to $75 from $70.