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McKesson (MCK) Receives a Buy from Barclays

Tipranks - Thu Jun 11, 4:28AM CDT

In a report released today, Glen Santangelo from Barclays maintained a Buy rating on McKesson, with a price target of $925.00.

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Santangelo covers the Healthcare sector, focusing on stocks such as Cencora, Medline, and Viatris. According to TipRanks, Santangelo has an average return of 3.7% and a 52.43% success rate on recommended stocks.

In a report released on June 8, Bank of America Securities also maintained a Buy rating on the stock with a $900.00 price target.

Based on McKesson’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $96.3 billion and a net profit of $1.68 billion. In comparison, last year the company earned a revenue of $90.82 billion and had a net profit of $1.26 billion

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