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PHARMERICA CORPORATION (PMC) [hlAlert]

Rating:
Buy PMC
down 6.73 %

PHARMERICA CORPORATION (PMC) upgraded to Buy with price target $40 by UBS

Posted on: Monday,  Aug 10, 2015  12:25 PM ET by UBS

UBS rated Buy PHARMERICA CORPORATION (NYSE: PMC) on 08/10/2015, when the stock price was $35.76. Since
then, PHARMERICA CORPORATION has lost 6.74% as of 10/09/2015's recent price of $33.35.
If you would have followed this UBS's recommendation on PMC, you would have lost 6.73% of your investment in 60 days.

PharMerica Corporation is an institutional pharmacy services company. The Company services healthcare facilities and provides management pharmacy services to hospitals. It operates more than 100 institutional pharmacies in 40 states. The Company also provides pharmacy management services to 84 hospitals in the United States. The Company operates in two business segments: institutional pharmacies, which provides pharmacy services to nursing centers and other healthcare providers, and the hospital pharmacy management business, which provides management services to Kindred Healthcare, Inc.?s (Kindred) hospitals. On July 9, 2008, the Company purchased the 49% minority interest held by a third-party in its joint ventures. On November 1, 2008, the Company acquired an institutional pharmacy business providing medications, pharmacy and medical supplies and services to residents of skilled nursing homes.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/10/2015 12:25 PM Buy
None
35.76 40.00
as of 8/27/2015
1 Week down  -1.12 %
1 Month down  -6.73 %
3 Months down  -6.73 %
1 YTD down  -6.73 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/25/2012 12:25 PM Hold
None
11.88 13.00
10/3/2011 10:25 AM Hold
None
14.19 15.00
9/21/2010 10:25 AM Hold
None
9.45 10.50
7/2/2010 11:25 AM Hold
None
14.11 16.00
11/19/2009 8:25 AM Hold
None
15.00 16.00

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