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Amerisourcebergen Corporation (holding Co) (ABC) [hlAlert]

up 453.03 %

Amerisourcebergen Corporation (holding Co) (ABC) rated Buy with price target $22 by Lazard Capital Mkts

Posted on: Wednesday,  Jul 1, 2009  10:25 AM ET by Lazard Capital Mkts

Lazard Capital Mkts rated Buy Amerisourcebergen Corporation (holding Co) (NYSE: ABC) on 07/01/2009, when the stock price was $18.29.
Since then, Amerisourcebergen Corporation (holding Co) has gained 453.03% as of 11/18/2015's recent price of $101.15.
If you would have followed this Lazard Capital Mkts's recommendation on ABC, you would have gained 453.03% of your investment in 2331 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.

Lazard Capital Markets’ research team is broadly recognized for its insight, thoroughness, and objectivity. Lazard Capital Markets’ goal is to help our clients make the best-informed decisions by providing timely, thoughtful analysis as well as access to company management teams and industry thought leaders. Lazard Capital Markets’ industry-focused analysts strive to identify emerging sector trends as well as bottom-up fundamental issues affecting their stocks under coverage. We add value by conducting extensive primary survey work, hosting proprietary events, cultivating industry contacts, and participating in relevant industry conferences.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/1/2009 10:25 AM Buy
18.29 22.00
as of 12/31/2009
1 Week up  37.05 %
1 Month up  46.21 %
3 Months up  61.30 %
1 YTD up  97.37 %

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