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Morgan Stanley Raises AmerisourceBergen (NYSE:ABC) Price Target to $190 00

AmerisourceBergen (NYSE:ABC – Get Free Report) had its target price increased by equities researchers at Morgan Stanley from $176.00 to $190.00 in a research note issued on Thursday, Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Morgan Stanley’s target price points to a potential downside of 1.21% from the stock’s […]

AmerisourceBergen (NYSE:ABC) Posts Earnings Results, Beats Expectations By $0 09 EPS

AmerisourceBergen (NYSE:ABC – Get Free Report) released its earnings results on Wednesday. The company reported $2.92 EPS for the quarter, topping analysts’ consensus estimates of $2.83 by $0.09, Briefing.com reports. The company had revenue of $66.95 billion for the quarter, compared to analysts’ expectations of $63.93 billion. AmerisourceBergen had a return on equity of 809.53% […]

AmerisourceBergen Co (NYSE:ABC) Sees Significant Drop in Short Interest

AmerisourceBergen Co. (NYSE:ABC – Get Free Report) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totalling 3,810,000 shares, a drop of 8.4% from the June 30th total of 4,160,000 shares. Based on an average trading volume of 1,320,000 shares, the […]

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