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Analysts Offer Insights on Healthcare Companies: Nuvation Bio (NUVB) and Cencora (COR)

Tipranks - Thu Mar 19, 7:18AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Nuvation Bio (NUVBResearch Report) and Cencora (CORResearch Report) with bullish sentiments.

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Nuvation Bio (NUVB)

In a report released today, David Nierengarten from Wedbush maintained a Buy rating on Nuvation Bio, with a price target of $11.00. The company’s shares closed last Tuesday at $4.40.

According to TipRanks.com, Nierengarten is a 5-star analyst with an average return of 15.3% and a 48.3% success rate. Nierengarten covers the Healthcare sector, focusing on stocks such as BridgeBio Oncology Therapeutics, Perspective Therapeutics, and Kiniksa Pharmaceuticals. ;'>

Currently, the analyst consensus on Nuvation Bio is a Strong Buy with an average price target of $12.00, representing a 165.5% upside. In a report issued on March 3, JonesTrading also maintained a Buy rating on the stock with a price target.

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Cencora (COR)

Argus Research analyst David Toung reiterated a Buy rating on Cencora yesterday and set a price target of $400.00. The company’s shares closed last Tuesday at $334.71.

According to TipRanks.com, Toung is a 5-star analyst with an average return of 8.8% and a 61.6% success rate. Toung covers the Healthcare sector, focusing on stocks such as GE Healthcare Technologies Inc, Novartis, and Hologic. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cencora with a $411.44 average price target, a 21.0% upside from current levels. In a report issued on March 7, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $402.00 price target.

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