Baird Maintains Outperform on McKesson, Raises Price Target to $671
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Eric Coldwell maintains an Outperform rating on McKesson (NYSE:MCK) and raises the price target from $603 to $671, indicating a positive outlook on the stock.
May 08, 2024 | 11:03 am
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Baird analyst Eric Coldwell maintains an Outperform rating on McKesson and raises the price target from $603 to $671.
The increase in price target by Baird, along with the maintenance of an Outperform rating, suggests a strong bullish sentiment towards McKesson. This is likely to positively influence investor perception and could lead to a short-term increase in stock price, as market participants react to the analyst's upgraded outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100