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McKesson (MCK) PT Raised to $185 at Jefferies as Recovery Thesis Plays Out and Resiliency Shines

Go back to McKesson (MCK) PT Raised to $185 at Jefferies as Recovery Thesis Plays Out and Resiliency Shines

McKesson (MCK) PT Raised to $204 at Morgan Stanley

August 4, 2020 7:51 AM EDT

Morgan Stanley analyst Ricky Goldwasser raised the price target on McKesson (NYSE: MCK) to $204.00 (from $194.00) while maintaining a Overweight rating.... More

McKesson (MCK) PT Raised to $162 at Credit Suisse

August 4, 2020 6:13 AM EDT

Credit Suisse analyst Jalindra Singh raised the price target on McKesson (NYSE: MCK) to $162.00 (from $160.00) while maintaining a Neutral rating.... More

McKesson (MCK) PT Raised to $166 at Barclays

August 4, 2020 4:19 AM EDT

Barclays analyst Steve Valiquette raised the price target on McKesson (NYSE: MCK) to $166.00 (from $160.00) while maintaining a Equalweight rating.... More

UPDATE: Deutsche Bank Upgrades McKesson (MCK) to Buy

August 4, 2020 4:17 AM EDT

(Updated - August 4, 2020 4:50 AM EDT)

(updating comment)

Deutsche Bank analyst George Hill upgraded McKesson (NYSE: MCK) from Hold to Buy with a price target of $202.00 (from $169.00).

The analyst comments "F1Q-21 Results: MCK delivered a solid F1Q... More

Nasdaq hits record high close as traders eye M&A and stimulus

August 3, 2020 8:24 AM EDT

By Noel Randewich

(Reuters) - The Nasdaq surged to a record high close on Monday as a rebound in multibillion-dollar deals, including Microsoft's pursuit of TikTok's U.S. operations, lifted sentiment, and efforts to hammer out a coronavirus relief bill resumed.

Microsoft (NASDAQ: MSFT) jumped 5.6% after it said it would push ahead with talks to buy the U.S. operations of Chinese-owned TikTok. President Donald Trump reversed course earlier on a planned ban of the short-video app.

ADT (NYSE: ADT) soared over 56% on news... More

McKesson (MCK) PT Raised to $170 at UBS

August 3, 2020 7:46 AM EDT

UBS analyst Kevin Caliendo raised the price target on McKesson (NYSE: MCK) to $170.00 (from $165.00) while maintaining a Buy rating.... More

McKesson (MCK) Tops Q1 EPS by 48c, Revenues Beat; Raises FY20 EPS Guidance Above Consensus

August 3, 2020 7:02 AM EDT

McKesson (NYSE: MCK) reported Q1 EPS of $2.77, $0.48 better than the analyst estimate of $2.29. Revenue for the quarter came in at $55.7 billion versus the consensus estimate of $53.99 billion.

First-Quarter Highlights, Year-over-Year:

Total revenues of $55.7 billion, flat year-over-year.Earnings per diluted share increased 20% to $2.72.Adjusted... More