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Earnings

Home›Earnings›Previews›Cardinal Health gets price target lift after rosy prof…

Cardinal Health gets price target lift after rosy profit guidance

The upgrade came after Cardinal Health delivered strong profitability alongside a less-than-clean quarter, according to CNBC Earnings.

Reported · Written up by our desk · Previews

CNBC Earnings reports that Cardinal Health has seen a price target increase following the company’s rosy profit guidance.

The outlet said the quarter was not entirely clean, but emphasized that strong profitability is what matters most for the view going forward.

CNBC Earnings framed the change around how investors should weigh the guidance versus imperfections in the reported quarter.

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Sources

CNBC EarningsWe're lifting our price target on Cardinal Health after issuing rosy profit guidance

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