McKesson (MCK) Receives a Buy from Barclays
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
Read More on MCK:
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- McKesson price target lowered to $925 from $1,050 at Barclays
- McKesson Buy Rating Reaffirmed as GLP-1 Positioning Supports Outlook; $900 Price Target Maintained
- McKesson closes investment with Apollo Funds for minority interest in MMS
- The Week That Was, The Week Ahead: Macro and Markets, May 31
- Erin Wright Reiterates Buy on McKesson, Citing Durable Growth, Biosimilar Tailwinds, and AI-Driven Efficiency Supporting Higher FY27 Valuation Multiple
