
McKesson Corporation reported its fiscal 2025 second quarter results, revealing an adjusted net income of $915 million, surpassing the $891.8 million estimate. The company reported a revenue of $93.65 billion, exceeding the expected $89.33 billion. Adjusted earnings per share (EPS) for the quarter reached $7.07, compared to the forecast of $6.88. Following these results, McKesson raised its full-year adjusted EPS guidance to a range of $32.40 to $33. The increase in guidance was attributed to robust demand in its U.S. pharmaceuticals segment, particularly for specialty and branded drugs. Additionally, McKesson received an upgrade to 'Outperform' from Baird, with a price target of $688.
$MCK Upgraded to Outperform at Baird; PT $688
UPGRADES $ARM ADRs Upgraded to Buy at Fubon; PT $180 $CRL Upgraded to Hold at CLSA; PT $205 $CWAN Upgraded to Overweight at JPMorgan; PT $33 $MCK Upgraded to Outperform at Baird; PT $688 $SRPT Upgraded to Overweight at Cantor; PT $167 $SBGI Upgraded to Equal-Weight at Wells…
DOWNGRADES $ARRY Downgraded to Neutral at Guggenheim $AZPN Downgraded to Hold at Berenberg $AESI Downgraded to Neutral at Goldman; PT $21 $CDMO Downgraded to Sector Perform at RBC; PT $12.50 $BXP Downgraded to Sector Perform at Scotiabank; PT $85 $CTVA Downgraded to Hold at…

