What 7 Analyst Ratings Have To Say About McKesson
Portfolio Pulse from Benzinga Insights
Over the last quarter, McKesson (NYSE:MCK) has received 2 bullish, 4 somewhat bullish, and 1 indifferent analyst ratings. The average 12-month price target for the company, according to 7 analysts, is $449.43, up 6.03% from the previous average of $423.86.
June 29, 2023 | 6:01 pm
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POSITIVE IMPACT
McKesson has received mostly bullish ratings from analysts, indicating a positive outlook for the company. The average 12-month price target has also increased, suggesting potential upside for the stock.
Analyst ratings are often a strong indicator of the market sentiment towards a stock. In the case of McKesson, the majority of the ratings are bullish or somewhat bullish, indicating a positive sentiment. Additionally, the increase in the average 12-month price target suggests that analysts expect the stock price to rise in the future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100