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Fly News Breaks for October 5, 2016
News For MCK From the Last 2 Days
MCK
Apr 29, 2024 | 21:33 EDT
Citi analyst Daniel Grosslight raised the firm's price target on McKesson to $620 from $575 and keeps a Buy rating on the shares. The analyst remains generally positive on the distributors heading into the Q1 reports, but cautions that this will be a difficult quarter from a comp perspective. Namely, GLP-1 growth will slow materially and the distributors will see limited benefit from commercial COVID vaccines, the analyst tells investors in a research note.