Deutsche Bank Maintains Buy on McKesson, Lowers Price Target to $579
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst George Hill maintains a Buy rating on McKesson (NYSE:MCK) but lowers the price target from $623 to $579.
September 25, 2024 | 5:28 pm
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NEUTRAL IMPACT
Deutsche Bank has maintained its Buy rating on McKesson but has lowered the price target from $623 to $579, indicating a more conservative outlook.
The Buy rating suggests continued confidence in McKesson's performance, but the lowered price target indicates a more cautious approach, possibly due to market conditions or company-specific factors. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100