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Cencora price target raised to $400 from $340 at Evercore ISI

Evercore ISI raised the firm’s price target on Cencora (COR) to $400 from $340 and keeps an Outperform rating on the shares. The company is setting the stage for its next growth phase with a solid Q4 performance and strategic resegmentation, the analyst tells investors in a research note. The firm added that the new structure, effective 1Q26, refocuses on core human health distribution while isolating non-core assets, which could be monetized or repositioned.

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