JP Morgan Maintains Overweight on McKesson, Raises Price Target to $514
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Lisa Gill has maintained an Overweight rating on McKesson (NYSE:MCK) and increased the price target from $495 to $514.
November 17, 2023 | 3:30 pm
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POSITIVE IMPACT
JP Morgan analyst Lisa Gill reaffirmed an Overweight rating on McKesson and raised the price target to $514, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Lisa Gill from JP Morgan is a strong positive signal to the market, suggesting a belief in McKesson's potential for growth and profitability. This can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100