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New
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GUSD Minting
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BofA Remains Bullish on McKesson (MCK) Following Strong Third Quarter Performance
BofA has reiterated its ‘Buy’ rating on McKesson Corporation (MCK) and increased its price target to $970 after the company reported strong third-quarter results. McKesson’s revenue and EPS surpassed street expectations, driven by solid performance in its North American Pharmaceutical and Oncology & Multispecialty segments. The company also raised its fiscal 2026 adjusted EPS forecast due to strong demand for specialty drugs and high prescription volumes in the U.S. pharmaceutical segment.