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Stock impact report

McKesson (MCK) Gets Higher Target at Deutsche Bank Despite Planned Spin-Off [Yahoo! Finance]

McKesson Corporation (MCK) 
Last mckesson corporation earnings: 2/4 07:00 am Check Earnings Report
US:NYSE Investor Relations: investor.mckesson.com
Company Research Source: Yahoo! Finance
On December 10, Deutsche Bank analyst George Hill raised the firm's price target on McKesson Corporation (NYSE:MCK) to $904 from $861 and kept a Buy rating on the shares. In a research note, the analyst said the company reiterated plans to exit its med-surgical business through an initial public offering, followed by a spin-off or split-off. Management expects the separation to be completed by the end of 2027. The firm acknowledged the move could be dilutive, but said the stock “can still perform through the transaction.” Earlier in November, McKesson Corporation (NYSE:MCK) raised its fiscal 2026 profit forecast, leaning on continued strength in oncology and specialty drug distribution. Across the US, drug distributors are pushing deeper into specialty medicines that treat complex conditions such as rheumatoid arthritis and cancer. These products tend to carry higher margins and more stable demand. McKesson now expects adjusted earnings per share of $38.35 to $38.85 for fiscal 2026 Show less Read more
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