Omnicare management outlook conservative, says Cowen Cowen views Omnicare management's 2013 outlook as conservative following its Analyst Day. The company outlines strategies to focus on operation efficiency and organic bed growth. Cowen feels although management reiterated its 2013 guidance it could prove to be conservative. Shares are Outperform rated.
Omnicare says focusing on returning capital via dividends, repurchases Says has continued focus on returning capital to shareholders in the form of dividends, share repurchases. Says improvements in operating efficiencies have resulted in "meaningful" expense savings. Says "well positioned" to capitalize on attractive market opportunities within the LTC, SCG segments. Comments from slides that will be presented at the J.P. Morgan Healthcare Conference.