TD Cowen raised the firm’s price target on Cencora to $261 from $215 and keeps an Outperform rating on the shares. The firm said they e remain positive on thew shares following the 1Q beat and raise and noting revised guidance for ex-COVID is above the company’s long-term guidance.
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Read More on COR:
- Cencora Schedules Fiscal Quarter Results Discussion Webcast
- Cencora raises FY24 adjusted EPS view to $13.25-$13.50 from $12.70-$13.00
- Cencora reports Q1 adjusted EPS $3.28, consensus $2.89
- Cencora price target raised to $247 from $221 at JPMorgan
- Cencora price target raised to $240 from $220 at Argus
