These Analysts Boost Their Forecasts On McKesson Following Upbeat Earnings

Benzinga · Nov 7 22:07

McKesson (NYSE:MCK) reported better-than-expected second-quarter financial results on Wednesday.

McKesson reported quarterly earnings of $7.07 per share which beat the analyst consensus estimate of $6.88 per share. The company reported quarterly sales of $93.70 billion which beat the analyst consensus estimate of $89.33 billion.

McKesson shares gained 4.6% to close at $549.31 on Wednesday.

These analysts made changes to their price targets on McKesson following earnings announcement.

Baird analyst Eric Coldwell upgraded McKesson from Neutral to Outperform and raised the price target from $531 to $688.
Evercore ISI Group analyst Elizabeth Anderson maintained McKesson with an Outperform rating and raised the price target from $560 to $680.

Considering buying MCK stock? Here's what analysts think:

Jim Cramer Recommends Buying This Utilities Stock, Says No To XP

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.

These Analysts Boost Their Forecasts On McKesson Following Upbeat Earnings

Risk Disclaimer