In a recent development, B of A Securities analyst Michael Cherny has raised the price target for McKesson (MCK, Financial) to $800, up from the previous target of $755. This adjustment represents a 5.96% increase.
The report, dated May 9, 2025, also reaffirms the 'Buy' rating for McKesson, indicating continued confidence in the company's growth prospects. The rating had previously been 'Buy' as well, maintaining a positive outlook from the analyst's perspective.
This price target adjustment comes as McKesson (MCK, Financial) continues to demonstrate strong market performance. Investors and stakeholders will be watching closely as the company pursues its strategic initiatives in the upcoming quarters.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for McKesson Corp (MCK, Financial) is $725.58 with a high estimate of $805.00 and a low estimate of $561.69. The average target implies an upside of 4.03% from the current price of $697.47. More detailed estimate data can be found on the McKesson Corp (MCK) Forecast page.
Based on the consensus recommendation from 18 brokerage firms, McKesson Corp's (MCK, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for McKesson Corp (MCK, Financial) in one year is $680.81, suggesting a downside of 2.39% from the current price of $697.47. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the McKesson Corp (MCK) Summary page.
