• Jefferies sets a new price target for McKesson Corporation (NYSE:MCK) at $900, indicating a potential increase of 16.96%.
• McKesson's acquisitions of PRISM Vision and Core Ventures aim to bolster its oncology, multispecialty, and technology-enabled segments.
• The company's Q1 FY26 results show strong revenue growth and robust cash flow guidance, supporting a raised long-term EPS target.

McKesson Corporation (NYSE:MCK) is a prominent player in the healthcare sector, known for its role in distributing pharmaceuticals and medical supplies. Recently, the company has been transforming its business model to focus on tech-enabled healthcare services. This shift aims to enhance its position in high-margin specialty and digital solutions, setting the stage for future growth.

Jefferies recently set a new price target for McKesson at $900, suggesting a potential increase of 16.96% from its current trading price of $769.49. This optimistic outlook aligns with McKesson's strategic moves, such as acquiring PRISM Vision and Core Ventures. These acquisitions are part of the company's efforts to strengthen its presence in oncology, multispecialty, and technology-enabled segments.

McKesson's Q1 FY26 results reflect its successful transformation, with strong revenue growth and robust cash flow guidance. The company has also raised its long-term EPS targets, signaling confidence in its earnings momentum. This financial performance supports Jefferies' positive price target, indicating potential for sustained growth.

The stock's current price of $769.49 marks a 0.78% increase, with a daily trading range between $752.47 and $775.70. Over the past year, McKesson's stock has fluctuated between a high of $776.14 and a low of $492.39. With a market capitalization of approximately $95.71 billion, McKesson remains a significant player in the healthcare industry.

Today's trading volume for McKesson is 513,819 shares, reflecting investor interest in the company's ongoing transformation. As McKesson continues to focus on tech-enabled healthcare services, its strategic initiatives and financial performance may drive further growth and align with Jefferies' optimistic price target.