TD Cowen Maintains Buy on McKesson, Raises Price Target to $652
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Charles Ryhee maintains a Buy rating on McKesson (NYSE:MCK) and raises the price target from $563 to $652, indicating a positive outlook on the company's stock.
May 08, 2024 | 4:51 pm
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TD Cowen reaffirms a Buy rating on McKesson and increases the price target to $652, suggesting strong confidence in the company's future performance.
The increase in price target by TD Cowen reflects a bullish outlook on McKesson, likely due to strong company fundamentals or market position. This analyst action can positively influence investor sentiment and potentially lead to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100