RE:Raymond James’ Rahul Sarugaser bumped his price targetAnalysts make me laugh.
If the analyst really believes in the statement they put out regarding Knight as the pre-eminent distributor of phamaceuticals, raising your price target by $0.50 is somewhat laughable.
I am looking forward to hearing how 2024 is shaping up because I think that the growth acceleration in operating income is just getting underway and the capital allocation opportunities are opening up now that people realize that higher interest rates aren't abating any time soon.
LR