Morgan Stanley Maintains Overweight on McKesson, Raises Price Target to $548
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Erin Wright maintains an Overweight rating on McKesson (NYSE:MCK) and raises the price target from $522 to $548.
April 15, 2024 | 4:40 pm
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Morgan Stanley has maintained its Overweight rating on McKesson and increased the price target from $522 to $548.
The upgrade in the price target by a reputable analyst like Erin Wright from Morgan Stanley suggests a strong confidence in McKesson's future performance. This is likely to be viewed positively by investors, potentially leading to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100