Mizuho Maintains Neutral on Cencora, Raises Price Target to $224-Report Released on 2 February 2024
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Omotayo Okusanya maintains a Neutral rating on Cencora (NYSE:COR) and raises the price target from $192 to $224 as of 2 February 2024.

February 05, 2024 | 5:53 pm
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Mizuho analyst Omotayo Okusanya maintains a Neutral rating on Cencora and raises the price target from $192 to $224.
The increase in price target from $192 to $224 by a reputable analyst suggests a positive outlook on the stock's value, potentially leading to short-term investor optimism and a positive impact on the stock price. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, which might temper expectations for a significant price movement.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90