McKesson price target raised to $596 from $571 at Barclays

Barclays raised the firm’s price target on McKesson to $596 from $571 and keeps an Overweight rating on the shares post the fiscal Q4 report. The shares are down on low volumes driven by an uncommon headline miss on moderating GLP-1 growth and increased investment, the analyst tells investors in a research note. However, the firm says that more importantly, McKesson’s fiscal 2025 guidance came in meaningfully above prior consensus.