SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : HBOC...Buy in here? -- Ignore unavailable to you. Want to Upgrade?


To: andy kelly who wrote (144)7/16/1998 1:45:00 PM
From: John Carragher  Read Replies (1) | Respond to of 341
 
Home - Yahoo! - Help

[ Business | US Market | By Industry | IPO | AP | S&P | International | PRNews | BizWire ]

Thursday July 16, 11:01 am Eastern Time

RESEARCH ALERT - McKesson target raised

NEW YORK, July 16 (Reuters) - Morgan Stanley Dean Witter said Thursday it raised its share price target on McKesson
Corp. to $97 from $90 following the collapse of merger talks with HBO & Co. (HBOC - news).

-- Analyst David Risinger maintains strong buy rating on McKesson. EPS forecasts for 1998 at $1.80, and for 1999 at $2.25,
remain unchanged.

-- Analyst Marie Rossi maintains strong buy rating on HBO, and left EPS estimates of $0.67 for 1998 and $0.87 for 1999
unchanged. Price target also left unchanged at $36.

-- McKesson's stock off 1/16 at 87-3/8. HBO off 3-1/8 at 30-5/8.

More Quotes
and News:
HBO & Co (Nasdaq:HBOC - news)
McKesson Corp (NYSE:MCK - news)
Related News Categories: health, US Market News

Help

Copyright c 1998 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the
prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon
See our Important Disclaimers and Legal Information.
Questions or Comments?