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Cencora price target raised to $405 from $354 at Wells Fargo

Wells Fargo raised the firm’s price target on Cencora (COR) to $405 from $354 and keeps an Overweight rating on the shares. The firm says the company reported fairly strong Q4 results and introduced attractive FY26 guidance. Core growth in U.S. Healthcare remains outstanding and absent material deceleration would seem to suggest potential for additional positive estimate revisions, Wells adds.

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