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Fly News Breaks for January 10, 2020
MKC
Jan 10, 2020 | 06:50 EDT
BofA analyst Peter Galbo reinstated coverage of McKesson with a Neutral rating and $172 price target. Galbo tells investors in a research note that the rating reflects solid fundamentals for McCormick offset by a premium valuation and his expectation for a broader investor shift from growth/momentum stocks to value names in the near- to medium-term.
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