Despite the major macroeconomic headwinds in the stock market, shares of healthcare services provider McKesson Corporation (MCK) have gained 52.1% over the past year to close the last trading session at $375.03. Also, Wall Street analysts expect the stock to hit $426.25 in the near term, indicating a potential upside of 13.7%.
While the company missed the consensus EPS estimate by 0.7% in the last quarter, its revenue beat analysts’ estimates. The company has raised its outlook for fiscal 2023 and expects its EPS to come between $24.45 and $24.95 versus the $23.95 to $24.65 expected earlier.
