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logoArgusSeptember 16, 2020

McKesson Corporation: Reiterating HOLD amid coronavirus challenges

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With more than $230 billion in FY20 revenue, McKesson is North America's largest pharmaceutical distributor. The company's Distribution Solutions segment consists of U.S. and Canadian pharmaceutical distribution. The European distribution operation includes both wholesale and retail pharmacy businesses.

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Analyst Profile

David H. Toung

Senior Analyst: Medical Devices & Healthcare Services
David covers the Pharmaceutical, Medical Devices, and Healthcare services sectors for Argus. He has more than two decades of experience in the financial analysis industry, having worked for McDonald & Co., JPMorgan Chase and Standard & Poor's, among others. His commentary has appeared on CNBC and in The New York Times. Prior to his financial career, David was a private practice attorney in New Jersey, and served as a Judicial Clerk for an Appellate Division judge in the New Jersey Superior Court. David has a law degree from Rutgers University, where he was a member of the Law Review. He has a B.A. degree in Government from Cornell University. He has passed Level II of the Chartered Financial Analyst examination.