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Cardinal Health price target raised to $150 from $144 at TD Cowen

TD Cowen raised the firm’s price target on Cardinal Health (CAH) to $150 from $144 and keeps a Buy rating on the shares. The firm said they continue to see upside to numbers despite the company raising its FY25 adj. EPS and Pharma guides, which largely reflects F2Qs Pharma beat and M&A contribution and does not carry forward strong drug utilization seen in F1H.

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