What 5 Analyst Ratings Have To Say About McKesson
Portfolio Pulse from Benzinga Insights
McKesson (NYSE:MCK) has received 5 analyst ratings in the last quarter, with an average 12-month price target of $497.4, a high of $563.00, and a low of $450.00. The current average price target represents a 6.33% increase from the previous average of $467.80. The ratings include 1 bullish, 3 somewhat bullish, and 1 indifferent, with no bearish ratings. Analysts typically review stocks quarterly or after major company updates, basing their ratings on financial predictions and company performance.
December 11, 2023 | 3:00 pm
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POSITIVE IMPACT
McKesson has a positive outlook from analysts with an average price target of $497.4, reflecting a 6.33% increase from the previous target, with the majority of ratings being bullish or somewhat bullish.
The positive analyst ratings and the increased average price target suggest optimism about McKesson's future performance. This could lead to a short-term positive impact on MCK's stock price as investors may react favorably to the analyst consensus.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100