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Enter Symbol:
 
Amerisourcebergen Corporation (holding Co) (ABC) [hlAlert]

Rating:
Outperform
ABC
up 81.01 %

Amerisourcebergen Corporation (holding Co) (ABC) rated Outperform by Raymond James

Posted on: Thursday,  Jul 25, 2013  8:25 AM ET by Raymond James

Raymond James rated Outperform Amerisourcebergen Corporation (holding Co) (NYSE: ABC) on 07/25/2013, when the stock price was $55.88.
Since then, Amerisourcebergen Corporation (holding Co) has gained 81.01% as of 11/18/2015's recent price of $101.15.
If you would have followed this Raymond James's recommendation on ABC, you would have gained 81.01% of your investment in 846 days.

AmerisourceBergen Corporation (AmerisourceBergen) is a pharmaceutical services company, with operations in the United States and Canada. Servicing both healthcare providers and pharmaceutical manufacturers in the pharmaceutical supply channel, the Company provides drug distribution and related services. It distributes an offering of brand name and generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, and related services to a variety of healthcare providers, including acute care hospitals and health systems, independent and chain retail pharmacies, mail order pharmacies, medical and dialysis clinics, physicians, long-term care and other alternate site pharmacies, and other customers. The Company operates in the pharmaceutical distribution segment. In October 2008, the Company completed the divestiture of its former workers? compensation business, PMSI. On May 29, 2009, the Company acquired Innomar Strategies Inc.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/25/2013 8:25 AM Buy
None
55.88
as of 12/13/2013
1 Week down  -2.61 %
1 Month down  -0.05 %
3 Months up  13.55 %
1 YTD up  22.49 %

(*) Stock Price at the time of the recommendation.
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