Andra AP fonden recently initiated a new stake in McKesson Corporation, purchasing 1,600 shares valued at approximately $1.24 million in Q3. Institutional ownership of McKesson is notably high at 85.07%, with other major investors like Norges Bank and AllianceBernstein also increasing their positions. McKesson reported strong quarterly earnings, beating estimates with $9.34 EPS and $106.16 billion in revenue, and analysts currently rate the stock as a “Moderate Buy” with a target price of $943.50.
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Andra AP fonden Invests $1.24 Million in McKesson Corporation $MCK
Andra AP fonden recently initiated a new stake in McKesson Corporation, purchasing 1,600 shares valued at approximately $1.24 million in Q3. Institutional ownership of McKesson is notably high at 85.07%, with other major investors like Norges Bank and AllianceBernstein also increasing their positions. McKesson reported strong quarterly earnings, beating estimates with $9.34 EPS and $106.16 billion in revenue, and analysts currently rate the stock as a “Moderate Buy” with a target price of $943.50.