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Research
Research Alert: CFRA Maintains Buy Rating On Shares Of Mckesson Corporation
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lower our 12-month price target to $860 from $1,080, 19.4x our FY 27 EPS estimate (up $0.11 to $44.24; FY 28 estimate begins at $50.19), a above peers and MCK's three-year forward average of 18.6x, supported by a stronger margin profile and faster near-term EPS and dividend growth expectations within a favorable environment for pharma distributors, in our view. Looking ahead to FY 27, we expect broad-based growth across core pharma distribution, oncology and multispecialty, and Rx Technology, with more modest growth in Medical-Surgical, supporting overall sales growth near 7%, following 12% growth in FY 26. We attribute the sales growth slowdown to difficult comparisons as well as lower branded drug pricing as certain Inflation Reduction Act provisions take effect. Oncology and multispecialty should produce the strongest profitability growth during FY 27, in our view, followed by the Rx Technology business and core pharma distribution, driving overall adjusted EBIT growth near 9%.
$MCK
Insider Trading
Shoals Technologies Group Insider Sold Shares Worth $461,728, According to a Recent SEC Filing
Dominic Bardos, Chief Financial Officer, on May 08, 2026, sold 54,449 shares in Shoals Technologies Group (SHLS) for $461,728. Following the Form 4 filing with the SEC, Bardos has control over a total of 394,979 Class A common shares of the company, with 394,979 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1831651/000183165126000085/xslF345X05/wk-form4_1778276020.xml
$SHLS
Commodities
Hawaiian Electric Q1 Power Sales Edge Higher, Expands Grid Investment Plans
Hawaiian Electric Industries (HE) reported Q1 earnings on Friday, showing total electricity sales of 1,972 GWh, compared with 1,965 GWh a year earlier.The company reported Hawaiian Electric sales rose to 1,457 GWh for the quarter ended Mar. 31, up from 1,453 GWh a year earlier.Electricity sales for Hawaii Electric Light were 258 GWh for the quarter, compared with 255 GWh a year earlier.Maui Electric maintained quarterly electricity sales at 257 GWh in Q1, unchanged from a year earlier, according to Hawaiian Electric.Hawaiian Electric secured approval for the Waiau Repower project with a revised estimated cost of about $1.16 billion, compared with the original $847 million estimate submitted earlier in the process.Hawaiian Electric forecast total capital expenditures of $625 million to $750 million in 2026, compared with $368 million in 2025, as the utility expands wildfire safety and grid modernization programs.
$HE