Cardinal Health sees total costs from restructuring $79M on pre-tax basis Approximately $33M of these costs, primarily employee-related costs, are expected to result in future cash expenditures. The company expects this restructuring plan to be completed by the end of fiscal 2014 and expects to start realizing cost savings and other benefits from the plan beginning in fiscal 2014. All of the estimates described in this Item 2.05 may change in the future.
Cardinal Health shares look very attractive at current valuation, says Cowen Cowen believes Cardinal Health shares look very attractive at current levels, citing its underlying organic growth, its operational margin targets and expectations for a deployment of capital for acquisitions. Cowen reiterated its Outperform rating and $102 price target on Cardinal Health shares.