Investment Analysts’ Weekly Ratings Updates for Cardinal Health (CAH)

Several brokerages have updated their recommendations and price targets on shares of Cardinal Health (NYSE: CAH) in the last few weeks:

• 5/4/2026 – Cardinal Health was upgraded by Weiss Ratings from “buy (b)” to “buy (b+)”.
• 5/4/2026 – Cardinal Health had its price target lowered by JPMorgan Chase & Co. from $243.00 to $215.00. They now have a “neutral” rating on the stock.
• 5/2/2026 – Cardinal Health was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 5/1/2026 – Cardinal Health had its price target raised by TD Cowen from $251.00 to $255.00. They now have a “buy” rating on the stock.
• 5/1/2026 – Cardinal Health was given a new $248.00 price target by Robert W. Baird.
• 5/1/2026 – Cardinal Health had its price target lowered by Citigroup Inc. from $249.00 to $245.00. They now have a “buy” rating on the stock.
• 5/1/2026 – Cardinal Health had its price target lowered by Wells Fargo & Company from $256.00 to $245.00. They now have an “overweight” rating on the stock.
• 4/28/2026 – Cardinal Health is now covered by William Blair. They set an “outperform” rating on the stock.
• 4/28/2026 – Cardinal Health had its price target raised by Morgan Stanley from $245.00 to $255.00. They now have an “overweight” rating on the stock.
• 4/20/2026 – Cardinal Health had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 4/12/2026 – Cardinal Health was downgraded by Wall Street Zen from “strong-buy” to “buy”.
• 4/8/2026 – Cardinal Health had its price target lowered by Evercore Inc from $260.00 to $240.00. They now have an “outperform” rating on the stock.
• 4/4/2026 – Cardinal Health was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 3/9/2026 – Cardinal Health had its “outperform” rating reaffirmed by Leerink Partners. They now have a $275.00 price target on the stock.

Cardinal Health Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be paid a $0.5158 dividend. The ex-dividend date is Wednesday, July 1st. This is a positive change from Cardinal Health’s previous quarterly dividend of $0.51. This represents a $2.06 dividend on an annualized basis and a yield of 1.0%. Cardinal Health’s dividend payout ratio is presently 31.19%.

Cardinal Health is a multinational healthcare services and products company headquartered in Dublin, Ohio. Tracing its roots to the early 1970s, the company has grown into a major provider of supply chain and distribution services for the healthcare sector. Cardinal Health operates across a range of service lines that support hospitals, health systems, pharmacies, physician offices and clinical laboratories.

The company’s core activities include the wholesale distribution of branded and generic pharmaceuticals, the supply and distribution of medical-surgical products, and the provision of logistics and inventory management solutions.