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Cardinal Health price target raised to $189 from $185 at Argus

Argus raised the firm’s price target on Cardinal Health (CAH) to $189 from $185 and keeps a Buy rating on the shares. The company is executing well with all of its segments delivering double digit profit growth in Q4 and FY25, the analyst tells investors in a research note. Shares are trading below Cardinal’s peers, but the recent weakness in the stock presents a buying opportunity, Argus adds.

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