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Stock analysts at Leerink Swann boosted their target price on shares of McKesson (NYSE:MCK) from $205.00 to $220.00 in a report issued on Friday. Leerink Swann’s price target would suggest a potential upside of 12.57% from the stock’s previous close.

A number of other firms have also recently commented on MCK. Analysts at Bank of America upgraded shares of McKesson from a “neutral” rating to a “buy” rating in a research note on Friday. They now have a $215.00 price target on the stock, up previously from $172.00. Separately, analysts at Mizuho raised their price target on shares of McKesson from $205.00 to $214.00 in a research note on Thursday. They now have a “buy” rating on the stock. Finally, analysts at FBR Capital Markets raised their price target on shares of McKesson from $200.00 to $210.00 in a research note on Thursday. They now have an “outperform” rating on the stock. Three analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $208.33.

McKesson (NYSE:MCK) traded up 1.86% during mid-day trading on Friday, hitting $195.43. The stock had a trading volume of 2,218,281 shares. McKesson has a one year low of $120.17 and a one year high of $195.89. The stock has a 50-day moving average of $188.7 and a 200-day moving average of $179.2. The company has a market cap of $45.061 billion and a price-to-earnings ratio of 35.41.

McKesson (NYSE:MCK) last released its earnings data on Thursday, July 31st. The company reported $2.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.36 by $0.13. The company had revenue of $44.06 billion for the quarter, compared to the consensus estimate of $40.65 billion. During the same quarter in the previous year, the company posted $2.07 earnings per share. The company’s revenue for the quarter was up 36.7% on a year-over-year basis. Analysts expect that McKesson will post $10.72 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Wednesday, October 1st. Shareholders of record on Tuesday, September 2nd will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 0.49%. The ex-dividend date is Thursday, August 28th.

McKesson Corporation delivers pharmaceuticals, medical supplies and healthcare information technologies.

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