Leerink Partners Maintains Outperform on Cencora, Lowers Price Target to $275
Portfolio Pulse from Benzinga Newsdesk
Leerink Partners has maintained an 'Outperform' rating on Cencora (NYSE:COR) but has slightly lowered the price target from $277 to $275.
October 07, 2024 | 12:51 pm
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Leerink Partners has maintained an 'Outperform' rating on Cencora but slightly reduced the price target from $277 to $275, indicating continued confidence in the stock with a minor adjustment.
The 'Outperform' rating suggests positive expectations for Cencora, but the slight reduction in the price target indicates a minor adjustment in valuation. This suggests a neutral short-term impact as the overall sentiment remains positive.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100