Cencora COR appears to be showing strong performance and promising outcomes, despite mixed results from its recent Q2 earnings report. While there were some missed expectations, the company's
Q2 earnings and revenues have still surpassed estimates, and Q2 2024 view has been raised. Furthermore, Cencora (formerly AmeriSourceBergen), struck a high note by hitting a
52-week high demonstrating robust growth. The company has also been rated as a value and growth stock, gaining the trust of the investment community. However, some bearish signals have surfaced due to insiders disposing stocks and a recent downgrade by StockNews.com. Different analysts have provided a 'moderate buy' rating for the company.
CEO Steven Collis announced he will sell over 10,000 shares of Cencora stocks. Despite this, the company remains valued for its
material growth potential and its
CEO change and 2024 financial outlook have been reaffirmed. It also recently issued
$500 million senior notes.
Cencora COR News Analytics from Fri, 04 Sep 2020 07:00:00 GMT to Thu, 09 May 2024 22:09:06 GMT -
Rating 5
- Innovation 6
- Information 6
- Rumor 2
