TD Cowen Maintains Outperform on McKesson, Raises Price Target to $563
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Charles Ryhee has maintained an Outperform rating on McKesson (NYSE:MCK) and increased the price target from $508 to $563.
December 11, 2023 | 2:33 pm
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POSITIVE IMPACT
TD Cowen analyst Charles Ryhee maintains an Outperform rating on McKesson and raises the price target from $508 to $563, indicating a positive outlook on the stock.
The increase in price target by TD Cowen reflects a strong vote of confidence in McKesson's future performance. This could lead to increased investor interest and a potential rise in the stock price in the short term as the market reacts to the positive analyst rating and higher price target.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100