Wells Fargo analysts upgrades an Overweight rating for Cencora Inc (COR)

Cencora Inc’s recent filing unveils that its Executive Vice President Battaglia Silvana unloaded Company’s shares for reported $1.21 million on Jun 18 ’25. In the deal valued at $297.40 per share,4,077 shares were sold. As a result of this transaction, Battaglia Silvana now holds 11,297 shares worth roughly $3.31 million.

Then, Mauch Robert P. sold 4,969 shares, generating $1,467,346 in total proceeds. Upon selling the shares at $295.30, the President & CEO now owns 44,094 shares.

Before that, Lon Greenberg bought 1,000 shares. Cencora Inc shares valued at $293,200 were divested by the Board of directors at a price of $293.20 per share.

Wells Fargo upgraded its Cencora Inc [COR] rating to an Overweight from a an Equal weight in a research note published recently. BofA Securities also remained covering COR and has decreased its forecast on September 18, 2024 with a “Neutral” recommendation from previously “Buy” rating. Leerink Partners started covering the stock on February 26, 2024. It rated COR as “an Outperform”.

Price Performance Review of COR

On Monday, Cencora Inc [NYSE:COR] saw its stock fall -0.18%% to $293.13. Over the last five days, the stock has lost -0.82%. Cencora Inc shares have risen nearly 23.58% since the year began. Nevertheless, the stocks have risen 30.47% over the past one year. While a 52-week high of $309.35 was reached on 05/07/25, a 52-week low of $218.65 was recorded on 01/02/25.

Levels Of Support And Resistance For COR Stock

The 24-hour chart illustrates a support level at 290.24, which if violated will result in even more drops to 287.34. On the upside, there is a resistance level at 296.66. A further resistance level may holdings at 300.18.

How much short interest is there in Cencora Inc?

A steep rise in short interest was recorded in Cencora Inc stocks on 2025-05-30, dropping by 63252.0 shares to a total of 6.57 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 6.63 million shares. There was a decline of -0.96%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on January 03, 2024 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $242 price target.

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