Cardinal Health gains on CVS distribution deal extension

By Reuters News

** Healthcare services company Cardinal Health CAH.N gains 3.8% to $231.13

** Co enters binding letter of intent to extend pharmaceutical distribution agreements with healthcare company CVS Health CVS.N through June 2032

** The deal maintains CAH's existing distribution services for CVS Health

** Co reaffirms fiscal 2027 adj. EPS growth of 13%-15%, with a forecast of $12.40-$12.60 per share

** CAH also reaffirms its long-term adjusted EPS growth target of 12%-14%

** CAH shares up nearly 14% YTD

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