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UPDATE: JP Morgan Raises PT on McKesson Corporation on Updated F2014 EPS Estimate

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In a report published Tuesday, JP Morgan reiterated its Overweight rating on McKesson Corporation (NYSE: MCK) and raised its price target from $111.00 to $112.00.

JP Morgan reported that, “We believe there could be upside to our estimates driven by a variety of factors better business performance, lower interest expense, greater share repurchases) yet we are comfortable with our estimates given that we view F2014 as a transition year for McKesson

McKesson Corporation closed at $102.12 on Monday.

Latest Ratings for MCK

DateFirmActionFromTo
Oct 2014Deutsche BankMaintainsBuy
Oct 2014JP MorganMaintainsOverweight
Sep 2014BarclaysInitiates Coverage onOverweight

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Posted-In: JP MorganAnalyst Color Price Target Analyst Ratings

 

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