McKesson (MCK) Tops Q4 EPS by 42c; Revises Outlook

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McKesson (MCK) PT Raised to $156 at UBS; Remains Sidelined

May 19, 2017 10:47 AM EDT

UBS raised its price target on McKesson (NYSE: MCK) to $156.00 (from $145.00) while maintaining a Neutral rating. 4Q revenue at $48.71Bn missed the Street's $49.48Bn estimate. EPS of $3.39 came in ahead of the Street's $3.00 estimate.

UBS increased FY18 EPS from $11.52 to $12.20 and increased... More

McKesson (MCK) PT Raised to $156 at UBS on 4Q Report, 1Q Guidance; 'More Constructive Outlook'

May 19, 2017 10:45 AM EDT

UBS raised its price target on McKesson (NYSE: MCK) to $156.00 (from $146.00) while maintaining a Neutral rating, following the company's fourth quarter earnings report.

Analyst Michael Cherny notes the company produced fourth quarter earnings per share results above consensus, despite a miss on revenues, as... More