Market Overview

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

Share:
Related MCK
10 Notable Stocks Trading Ex-Dividend Tuesday, November 29
Credit Suisse Cuts McKesson Shares To Underperform
McKesson launches new central fill service (Seeking Alpha)

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
Nov 2016Credit SuisseDowngradesNeutralUnderperform
Nov 2016Credit SuisseMaintainsUnderperform
Nov 2016Standpoint ResearchDowngradesBuyHold

View More Analyst Ratings for MCK
View the Latest Analyst Ratings

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

 

Related Articles (MCK)

View Comments and Join the Discussion!