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Fly News Breaks for February 7, 2020
MCK
Feb 7, 2020 | 07:53 EDT
As previously reported, Baird analyst Eric Coldwell upgraded McKesson to Outperform from Neutral. He acknowledged his upgrade is something of a contrarian call on an inflection in U.S. Distribution macro, company-specific self-help initiatives, and low valuation. He said McKesson has the highest return to his price target but has a higher risk profile. Coldwell raised his price target to $194 from $164 on McKesson shares.
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