Morgan Stanley Reaffirms Their Buy Rating on McKesson (MCK)


In a report released today, Ricky Goldwasser from Morgan Stanley reiterated a Buy rating on McKesson (MCK), with a price target of $182.00. The company’s shares closed last Monday at $143.74.

According to TipRanks.com, Goldwasser is a 4-star analyst with an average return of 5.7% and a 60.9% success rate. Goldwasser covers the Services sector, focusing on stocks such as Charles River Labs, AmerisourceBergen, and Quest Diagnostics.

Currently, the analyst consensus on McKesson is a Moderate Buy with an average price target of $169.00.

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The company has a one-year high of $172.18 and a one-year low of $110.52. Currently, McKesson has an average volume of 3.03M.

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McKesson Corp. engages in the provision of supply chain management solutions, retail pharmacy, community oncology and specialty care, and healthcare information technology. It operates through the following segments: U.S. Pharmaceutical and Specialty Solutions; European Pharmaceutical Solutions; Medical-Surgical Solutions and Other.

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