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McKesson price target raised to $864 from $830 at TD Cowen

TD Cowen raised the firm’s price target on McKesson (MCK) to $864 from $830 and keeps a Buy rating on the shares. The firm updated its model following its investor day where the company raised its long-term adjusted EPS guide and setting the combined long-term NA Pharma and Onc/multispecialty AOI guide higher than previous US Pharma guide.

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