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Fly News Breaks for September 19, 2017
MCK
Sep 19, 2017 | 08:01 EDT
As previously reported, Baird analyst Eric Coldwell upgraded McKesson to Outperform from Neutral, calling his rating change a "tactical/trading call" following the shares' material underperformance, both year-to-date and over the last twelve months. Over 80% of analysts are neutral/negative and consensus estimates across distributors are starting to make sense, he tells investors, adding that McKesson is building a "much more balanced" model. Coldwell raised his price target on the stock to $178 from $175.
News For MCK From the Last 2 Days
