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Home»Finance»BofA Lowers McKesson (MCK) Price Target, Flags GLP-1 Pricing Pressure
Finance

BofA Lowers McKesson (MCK) Price Target, Flags GLP-1 Pricing Pressure

April 9, 2026No Comments2 Mins Read
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BofA Lowers McKesson (MCK) Price Target, Flags GLP-1 Pricing Pressure
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McKesson Company (NYSE:MCK) is included among the many 15 Greatest Constant Dividend Shares to Purchase Proper Now.

BofA Lowers McKesson (MCK) Price Target, Flags GLP-1 Pricing Pressure
BofA Lowers McKesson (MCK) Worth Goal, Flags GLP-1 Pricing Stress

On April 6, BofA analyst Allen Lutz lowered the agency’s value suggestion on McKesson Company (NYSE:MCK) to $1,000 from $1,040. It reiterated a Purchase ranking on the shares. The analyst stated the fast decline in cash-pay GLP-1 costs is shifting prescriptions away from insurance coverage. On the similar time, sturdy development in cash-pay scripts for Wegovy and Zepbound may weigh on McKesson’s FY27 EBIT steering within the Prescription Know-how Options section, doubtlessly coming in under Road expectations.

Earlier in March, the corporate stated Britt Vitalone, Government Vice President and Chief Monetary Officer, has determined to retire after a 20-year profession with McKesson, together with greater than eight years as CFO. Kenny Cheung is about to hitch the corporate as Government Vice President and CFO, efficient Could 29, 2026.

Vitalone will stay concerned with McKesson after stepping down as CFO. He’ll function a strategic advisor to assist guarantee a clean transition and to assist the deliberate separation of McKesson’s Medical Surgical Options enterprise.

McKesson Company (NYSE:MCK) operates as a diversified healthcare companies firm centered on enhancing affected person outcomes. Its US Pharmaceutical section distributes branded, generic, specialty, biosimilar, and over-the-counter medicine, together with different healthcare-related merchandise throughout the US.

Whereas we acknowledge the potential of MCK as an funding, we consider sure AI shares supply larger upside potential and carry much less draw back danger. Should you’re on the lookout for an especially undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring pattern, see our free report on the greatest short-term AI inventory.

READ NEXT: 15 Least expensive Shares with Highest Dividends and 14 Low-cost DRIP Shares to Purchase Now

Disclosure: None. Comply with Insider Monkey on Google Information.

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BofA flags GLP1 lowers MCK McKesson pressure price Pricing target
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