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down 6.73 %

PHARMERICA CORPORATION (PMC) rated Outperform with price target $38 by Barrington Research

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

Barrington Research rated Outperform 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 Barrington Research'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.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/10/2015 12:25 PM Buy
35.76 38.00
as of 8/27/2015
1 Week down  -1.12 %
1 Month down  -6.73 %
3 Months   
1 YTD down  -6.73 %

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