Wells Fargo Maintains Equal-Weight on McKesson, Raises Price Target to $551
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Stephen Baxter has maintained an Equal-Weight rating on McKesson (NYSE:MCK) and increased the price target from $502 to $551.
May 09, 2024 | 3:59 pm
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Wells Fargo has maintained its Equal-Weight rating on McKesson but raised its price target from $502 to $551.
The increase in the price target by Wells Fargo suggests a positive outlook on McKesson's future performance. This adjustment reflects an expectation of stronger financial health or growth prospects for McKesson, which could lead to increased investor confidence and potentially drive the stock price up in the short term.
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