Mizuho analyst Ann Hynes raised the firm’s price target on AmerisourceBergen to $170 from $162 and keeps a Neutral rating on the shares. The analyst increased estimates post the Q1 results and expects currency headwinds to be offset by price increases. The firm maintains a Neutral rating on AmerisourceBergen due to valuation.
Published first on TheFly
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Read More on ABC:
- AmerisourceBergen raises FY23 adjusted EPS view to $11.50-$11.75
- AmerisourceBergen reports Q1 adjusted EPS $2.71, consensus $2.63
- Notable companies reporting before tomorrow’s open
- AmerisourceBergen price target raised to $190 from $184 at UBS
- AmerisourceBergen resumed with an Outperform at Evercore ISI
