Wells Fargo & Company Forecasts Strong Price Appreciation for Cardinal Health (NYSE:CAH) Stock

Wells Fargo & Company Forecasts Strong Price Appreciation for Cardinal Health (NYSE:CAH) Stock

Wells Fargo & Company boosted their price target on Cardinal Health from $245.00 to $277.00 and gave the company an "overweight" rating in a research note on Wednesday.

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

The quarter wasn't totally clean, but strong profitability matters the most.

Cardinal Health Shares Trade at All-Time High After 2027 Outlook Beats Expectations

Dublin, Ohio, August 11, 2026, 10:42 EDT Cardinal Health projected its adjusted earnings for fiscal 2027 to be between $12.40 and $12.60 per share, surpassing the LSEG consensus estimate of $12.04.Adjusted earnings per share for the fourth quarter reached $2.91. Without the 31-cent benefit from a tariff refund, EPS was $2.60, topping the estimate of…