Wells Fargo initiated coverage of Cencora with an Equal Weight rating and $213 price target. The company’s U.S. fundamentals are strong, but the stock’s risk/reward is fairly balanced following a period of significant outperformance and multiple expansion, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on COR:
- Sapphiros announces distribution agreement with Cencora
- Cencora 1.9M share Block Trade priced at $196.00
- Walgreens Boots Alliance sells shares of Cencora for $674M
- Cencora price target raised to $211 from $208 at Deutsche Bank
- Cencora price target raised to $227 from $223 at Baird
Questions or Comments about the article? Write to editor@tipranks.com