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

Rating:
Buy ABC
up 169.37 %

Amerisourcebergen Corporation (holding Co) (ABC) rated Buy with price target $100 by Longbow

Posted on: Wednesday,  Feb 29, 2012  9:25 AM ET by Longbow

Longbow rated Buy Amerisourcebergen Corporation (holding Co) (NYSE: ABC) on 02/29/2012, when the stock price was $37.55. Since
then, Amerisourcebergen Corporation (holding Co) has gained 169.37% as of 11/18/2015's recent price of $101.15.
If you would have followed this Longbow's recommendation on ABC, you would have gained 169.37% of your investment in 1358 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.

Longbow Research is an independent institutional equity research firm based in Cleveland, OH. We provide bottom up fundamental research to over 200 institutional accounts throughout the U.S. and Canada. Our coverage list consists primarily of mid-cap NYSE-listed names, although we also cover a substantial list of small and large cap companies. Our sector focus is on basic materials, industrial, consumer, technology, health care and consumer/business services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/29/2012 9:25 AM Buy
None
37.55 100.00
as of 12/31/2012
1 Week down  -0.64 %
1 Month up  2.27 %
3 Months up  11.54 %
1 YTD up  14.99 %

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