Wells Fargo Maintains Underweight on Cardinal Health, Lowers Price Target to $94
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Stephen Baxter has maintained an Underweight rating on Cardinal Health (NYSE:CAH) and reduced the price target from $96 to $94.
April 29, 2024 | 6:09 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Wells Fargo analyst Stephen Baxter maintains an Underweight rating on Cardinal Health and lowers the price target from $96 to $94.
The reduction in price target by Wells Fargo, accompanied by an Underweight rating, suggests a bearish outlook on Cardinal Health's stock. This could lead to a negative short-term impact on the stock price as market participants adjust their expectations based on this new analyst rating and price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100