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

Rating:
Outperform
ABC
up 33.72 %

Amerisourcebergen Corporation (holding Co) (ABC) rated Outperform with price target $95 by RBC Capital Mkts

Posted on: Friday,  Oct 31, 2014  9:25 AM ET by RBC Capital Mkts

RBC Capital Mkts rated Outperform Amerisourcebergen Corporation (holding Co) (NYSE: ABC) on 10/31/2014. Previously RBC Capital Mkts rated Outperform Amerisourcebergen Corporation (holding Co) (NYSE:
ABC) on 10/17/2014., when the stock price was $75.64. Since then, Amerisourcebergen Corporation (holding Co) has gained 33.73% as of 11/18/2015's recent price of $101.15.
If you would have followed the previous RBC Capital Mkts's recommendation on ABC, you would have gained 33.72% of your investment in 397 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.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/31/2014 9:25 AM Buy
None
85.69 95.00
as of 8/27/2015
1 Week down  -2.14 %
1 Month down  -9.53 %
3 Months down  -11.78 %
1 YTD up  18.04 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/17/2014 8:25 AM Buy
None
75.64 88.00

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