Market Overview

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

Share:
Related MCK
Stocks Hitting 52-Week Lows
Earnings Recap For January 27

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
Jan 2016Deutsche BankMaintainsBuy
Jan 2016BarclaysMaintainsOverweight
Jan 2016Raymond JamesDowngradesOutperformMarket Perform

View More Analyst Ratings for MCK
View the Latest Analyst Ratings

Posted-In: JP MorganAnalyst Color Price Target Analyst Ratings

 

Related Articles (MCK)

View Comments and Join the Discussion!

Get Benzinga's Newsletters