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Article: WR Hambrecht + Co Initiates Coverage of Healthcare Services Stocks AmeriSource (AAS), Cardinal Health (CAH) and McKesson (MCK).
- Article from:
- PR Newswire
- Article date:
- August 15, 2001
CopyrightCOPYRIGHT 2001 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAN FRANCISCO, Aug. 15 /PRNewswire/ --
WR Hambrecht + Co today initiated research coverage on three healthcare services stocks, AmeriSource (NYSE: AAS) (BUY -- Target $75), Cardinal Health (NYSE: CAH) (BUY -- Target $90) and McKesson (NYSE: MCK) (NEUTRAL). WR Hambrecht + Co offers all its research reports free and real time at www.wrhambrecht.com.
In his analysis of these companies, WR Hambrecht + Co's Healthcare Services analyst Sean Wieland said:
-- "The pending merger with Bergen Brunswig, expected to close by the end
of August, will enable the Company to significantly improve operating
margins by consolidating duplicate ...