Evercore ISI Group Maintains Outperform on Cencora, Lowers Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'Outperform' rating on Cencora (NYSE:COR) but has lowered the price target from $270 to $250.
October 08, 2024 | 5:07 pm
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Evercore ISI Group has maintained an 'Outperform' rating on Cencora but reduced the price target from $270 to $250, indicating a slightly less optimistic outlook.
The maintenance of an 'Outperform' rating suggests continued confidence in Cencora's performance, but the lowered price target indicates a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100