UBS Maintains Buy on McKesson, Raises Price Target to $630
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Kevin Caliendo maintains a Buy rating on McKesson (NYSE:MCK) and raises the price target from $620 to $630, indicating a positive outlook on the stock.
May 08, 2024 | 1:07 pm
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UBS analyst Kevin Caliendo maintains a Buy rating on McKesson and raises the price target from $620 to $630, signaling confidence in the stock's future performance.
The increase in price target by a reputable analyst like Kevin Caliendo from UBS suggests a strong bullish sentiment towards McKesson. This adjustment reflects an expectation of continued growth or positive performance, likely influencing investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100