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MCK
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138 days

McKesson Gets Drugs to Patients. Buy the Stock for Healthy Returns. - Barron's

1. McKesson's stock has jumped 45% since October 2023 due to strong demand. 2. Morgan Stanley raised MCK's price target to $745, signaling confidence in growth. 3. McKesson's earnings expected to climb double-digits, outperforming broader market. 4. The company remains insulated from pricing pressure despite thin profit margins. 5. Recent acquisition enhances McKesson’s specialty services and market position.

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FAQ

Why Bullish?

McKesson shows significant growth potential and demand stability amidst market volatility. The stock has consistently outperformed peers, indicating investor confidence.

How important is it?

The positive outlook on McKesson's growth and price target revision is significant for investors, indicating strong market confidence.

Why Long Term?

Growing demand for medications and strategic acquisitions position McKesson favorably for sustained long-term growth, similar to historical resilience during economic downturns.

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