Morgan Stanley Maintains Overweight on McKesson, Raises Price Target to $459
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Erin Wright has maintained an Overweight rating on McKesson (NYSE:MCK) and raised the price target from $426 to $459.
August 04, 2023 | 1:44 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Overweight rating on McKesson and raised the price target from $426 to $459, which could lead to a positive market reaction.
The raised price target by Morgan Stanley indicates a positive outlook for McKesson. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100