Alert: Major Price Advance (11/7/24)-McKesson Corp (NYSE: MCK).

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On 11/7/24, McKesson Corp (NYSE: MCK) stock enjoyed a major increase of 10.6%, closing at $607.51. Moreover, exceptionally high trading volume at 226% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 21.7% during the last week.

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Current PriceTarget Research Rating

MCK’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be an important Value Eraser.

McKesson is currently unrated.

Rating Review

The stock is currently unrated.

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