Wells Fargo raised the firm’s price target on Cencora (COR) to $274 from $251 and keeps an Equal Weight rating on the shares. The firm is updating its model following Cencora’s results and more recent guidance raise. Estimates for all years move higher based on U.S. strength, partially offset by lower International vs. Wells’ previous model.
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Read More on COR:
- Cencora’s Mixed Regional Performance and Valuation Concerns Justify Hold Rating
- Cencora’s Strategic Growth and Robust Performance Justify Buy Rating
- Positive Outlook for Cencora Amid Walgreens’ Transition to Private Ownership
- Cencora to Update 2025 Financial Guidance at Conference
- Cencora price target raised to $280 from $270 at Argus
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