Evercore ISI upgraded Cardinal Health (CAH) to Outperform from In Line with a $140 price target The current pharma adjusted operating income guidance of 4-6% only implies about 4% AOI growth for the remainder of FY25, which the firm calls conservative as it sees upside to Cardinal’s long-term guidance, the analyst tells investors. FY25 EPS likely has upside with FY26 bringing a return to Cardinal’s 12%- 14% compound annual growth rate, the analyst added.
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