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Fly News Breaks for January 12, 2016
MCK
Jan 12, 2016 | 08:00 EDT
Baird said McKesson's guidance was disappointing but they are sticking with it as it is the least expensive name on their research list. The firm sees multiple levers, such as restructuring and capital deployment, which will lend support to estimates. Baird maintained its Outperform rating and lowered its price target to $195 from $239 on McKesson shares.
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