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Fly News Breaks for October 28, 2016
MCK
Oct 28, 2016 | 07:27 EDT
As reported previously, Baird analyst Eric Coldwell downgraded McKesson to Neutral from Outperform citing multiple headwinds. Coldwell believes the bottom may be near, but with the potential of a price war looming, he lowered his price target to $164 from $200 on McKesson shares. Deutsche Bank analyst George Hill also downgraded McKesson to Hold this morning, citing the company's comments about sell side margin pressure and price competition.
News For MCK From the Last 2 Days
