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McKesson price target raised to $856 from $775 at Deutsche Bank

Deutsche Bank raised the firm’s price target on McKesson (MCK) to $856 from $775 and keeps a Buy rating on the shares following the analyst day. The company updated its fiscal 2026 guidance and disclosed increased long-term targets, the analyst tells investors in a research note. The firm attributes the strength to RxTS and lower interest expense.

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