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

Rating:
Outperform
ABC
up 177.42 %

Amerisourcebergen Corporation (holding Co) (ABC) rated Outperform with price target $43 by Oppenheimer

Posted on: Wednesday,  Jan 19, 2011  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform Amerisourcebergen Corporation (holding Co) (NYSE: ABC) on 01/19/2011. Previously Oppenheimer rated Outperform Amerisourcebergen Corporation (holding Co) (NYSE: ABC) on
01/15/2009., when the stock price was $36.46. Since then, Amerisourcebergen Corporation (holding Co) has gained 177.43% as of 11/18/2015's recent price of $101.15.
If you would have followed the previous Oppenheimer's recommendation on ABC, you would have gained 177.42% of your investment in 2498 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.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/19/2011 8:25 AM Buy
None
36.14 43.00
as of 12/30/2011
1 Week down  -0.61 %
1 Month up  0.10 %
3 Months down  -0.21 %
1 YTD up  8.99 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/3/2010 8:25 AM Buy
None
31.68 37.00
1/15/2009 8:25 AM Buy
None
36.46 45.00

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