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Fly News Breaks for January 12, 2016
MCK
Jan 12, 2016 | 07:49 EDT
UBS lowered its price target on McKesson to $235 from $260 following the company's outlook on 2017 and beyond. The firm noted the company lowered its earnings growth on reduced contribution from the generics business and contract restructurings. UBS reiterated its Buy rating on McKesson shares.
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