Citigroup Maintains Buy on McKesson, Lowers Price Target to $630
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Daniel Grosslight maintains a Buy rating on McKesson (NYSE:MCK) but lowers the price target from $670 to $630.
September 10, 2024 | 4:09 pm
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Citigroup's analyst Daniel Grosslight maintains a Buy rating on McKesson but reduces the price target from $670 to $630, indicating a slightly less optimistic outlook.
The maintained Buy rating suggests continued confidence in McKesson's performance, but the lowered price target indicates a tempered outlook. This could lead to a neutral short-term impact on the stock price as the market digests the mixed signals.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100