McKesson (MCK) PT Raised to $215 at Jefferies

February 5, 2021 8:39 AM EST
Get Alerts MCK Hot Sheet
Price: $203.57 -0.13%

Rating Summary:
    18 Buy, 9 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 18 | Down: 14 | New: 23
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Jefferies analyst Rob Dickerson raised the price target on McKesson (NYSE: MCK) to $215.00 (from $205.00) while maintaining a Buy rating.

The analyst commented, "We continue to have a positive stance on MCK and view strong F3Q21 results as further evidence of sustained fundamental strength in its core business that should translate to positive earnings surprises and upward stock momentum. Just as importantly, we see positive catalysts that would drive continued stock upside, including earnings contributions from MCK's role in distributing the COVID vaccine, as well as a likely upcoming settlement of opioid litigation."

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