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Sohini Mondal

Is Wall Street Bullish or Bearish on Cencora Stock?

COR Cencora

Based in Conshohocken, Pennsylvania, Cencora, Inc. (COR) is a healthcare solutions provider with a market cap of $47.4 billion. Operating within the pharmaceutical distribution and healthcare services industry, the company delivers a broad range of products and services to healthcare providers and institutions globally.

Shares of this prescription drug distributor have outperformed the broader market over the past 52 weeks. COR has soared 27.6% during this period, contrasting with the S&P 500 Index's ($SPX) rally of 24.9%. In 2024, COR shares are up 15.2%, slightly lagging behind SPX's 16.2% gain on a YTD basis.

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