McKesson price target raised to $916 from $857 at Morgan Stanley

Morgan Stanley raised the firm’s price target on McKesson (MCK) to $916 from $857 and keeps an Overweight rating on the shares. After “another beat & raise,” the firm says organic growth remains strong and the uplifted FY26 guidance showcases operational momentum, but adds that the stock reaction to earnings “may be muted” given “a high bar” for McKesson.