TD Cowen raised the firm’s price target on AmerisourceBergen to $187 from $174 and keeps an Outperform rating on the shares. The analyst said the EPS guidance raise largely mirrors the magnitude of the beat in 2Q as the focus turns to 2H23 and the potential for upside given conservative guidance and multiple growth levers.
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Read More on ABC:
- AmerisourceBergen price target raised to $174 from $170 at Mizuho
- AmerisourceBergen price target raised to $189 from $182 at Barclays
- AmerisourceBergen raises FY23 EPS view to $11.70-$11.90 from $11.50-$11.75
- AmerisourceBergen reports Q2 adjusted EPS $3.50, consensus $3.29
- ABC Upcoming Earnings Report: What to Expect?
