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McKesson Could Return As Much As 17.5%, Vetr Crowd Says

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McKesson Could Return As Much As 17.5%, Vetr Crowd Says

Shares of McKesson Corporation (NYSE: MCK) have lost 8.5 percent of their value since September started. Such a decline, the Vetr crowd seems to believe, has unlocked some room for upside, as evidenced by its average price target of $195.46. This target implies a potential return of roughly 17.5 percent from current valuations.

Related Link: Here's How Crowdsourced Ratings Can Beat The Market

Seeking to better reflect the upside potential, the Vetr crowd decided to upgrade its rating on shares of McKesson on Thursday, from 4.0 stars (Buy) to 4.5 stars (Strong Buy) out of a possible five-star rating.

It should be noted that 100 percent of the crowd’s ratings are bullish at the time, meaning that all of the raters see the stock surging to one degree or another.

Latest Ratings for MCK

DateFirmActionFromTo
Jan 2019Deutsche BankUpgradesSellHold
Jan 2019UBSInitiates Coverage OnNeutral
Dec 2018Morgan StanleyMaintainsEqual-WeightEqual-Weight

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View the Latest Analyst Ratings

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