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Benzinga
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How To Earn $500 A Month From Cardinal Health Stock Ahead Of Q4 Earnings

1. CAH's Q4 earnings expected at $2.03 per share, up from $1.84 YoY. 2. Projected revenue of $60.92 billion, increasing from $59.87 billion last year. 3. Current dividend yield stands at 1.30%, encouraging investment interest. 4. CAH shares increased by 2.6%, closing at $157.41 recently. 5. Morgan Stanley raised CAH's price target to $190, maintaining an Overweight rating.

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FAQ

Why Bullish?

Positive earnings projections and revenue growth, alongside an increased price target, may boost investor confidence, similar to past market responses following strong earnings like in Q3 2023.

How important is it?

The article discusses imminent earnings, affecting short-term investor actions and market sentiment significantly.

Why Short Term?

Earnings results and immediate market reactions usually influence price in the short-term, as seen historically with CAH and similar companies.

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