UPDATE: Morgan Stanley Reiterates Overweight On McKesson As Focus Shifts To Execution

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In a report published Tuesday, Morgan Stanley analyst Ricky R. Goldwasser reiterated an Overweight rating on
McKessonMCK
, but removed the $197.00 price target. In the report, Morgan Stanley noted, “With guidance out of the way, focus should shift to execution. Robust generic pricing and quick pace of implementing new contracts highlight positive industry and MCK specific trends supporting our confidence in potential for upside as year unfolds.” McKesson closed on Monday at $174.23.
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Posted In: Analyst ColorPrice TargetAnalyst RatingsMorgan StanleyRicky R. Goldwasser
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