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UPDATE: ISI Group Initiates McKesson Corporation with Overweight on Growth Outperformance Expectations

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ISI Group initiated McKesson Corporation (NYSE: MCK) with a rating of Overweight and a price target of $104.

ISI Group commented, "Our thesis for MCK is based on our view that the company's diverse distribution portfolio will continue to drive above-market operating growth, that significant EPS power upside remains in the MTS business given below-target operating margins, and that the company's fortress-like balance sheet and savvy capital deployment will continue to enhance shareholder returns."

McKesson Corporation closed at $93.60 on Wednesday.

Latest Ratings for MCK

DateFirmActionFromTo
May 2016Avondale PartnersDowngradesMarket OutperformMarket Perform
Apr 2016Standpoint ResearchDowngradesBuyHold
Apr 2016Avondale PartnersInitiates Coverage onMarket Perform

View More Analyst Ratings for MCK
View the Latest Analyst Ratings

Posted-In: ISI GroupAnalyst Color Initiation Intraday Update Analyst Ratings

 

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