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Actionable news in MCK: MCKESSON CORPORATION,

McKesson (MCK) Stock Price Target Lowered at Credit Suisse

NEW YORK (TheStreet) -- Credit Suisse lowered its price target on McKesson (MCK - Get Report) stock to $220 from $263 on Monday. The firm maintained its "outperform" rating on the stock.

The San Francisco-based healthcare technology company reported its fiscal 2016 second quarter earnings results last week. McKesson reported earnings of $3.31 per share, higher than analyst estimates of $3.27 per share.

McKesson has projected its fiscal 2016 earnings at $12.50 per share to $13 per share.

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