UPDATE: Morgan Stanley Reiterates On McKesson Following Investor Day
In a report published Thursday, Morgan Stanley analyst Ricky R. Goldwasser reiterated an Overweight rating on McKesson (NYSE: MCK), and raised the price target from $197.00 to $205.00.
In the report, Morgan Stanley noted, “Investor day showcased MCK's mkt leadership, favorable ind trends and mgmt breadth. Incr margin targets highlight expansion levers, complemented by cap deployment. W/ strong generic inflation, Celesio & PSS synergies, and generic scale oppty, we view MCK as best positioned in group. PT to $205.”
McKesson closed on Wednesday at $187.35.
Latest Ratings for MCK
|Aug 2014||Credit Suisse||Maintains||Outperform|
|Aug 2014||Mizuho Securities||Maintains||Buy|
|May 2014||Bank of America||Maintains||Underperform|
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