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Cumberland Partners Ltd Trims Stock Position in McKesson Corporation $MCK
Cumberland Partners Ltd has reduced its stake in McKesson Corporation by 34% in the third quarter, now holding 10,440 shares valued at approximately $8.07 million. Despite this trimming, McKesson has shown strong financial performance, beating quarterly earnings and revenue expectations and offering a quarterly dividend of $0.82. Analysts maintain a “Moderate Buy” rating with a consensus target price of $943.50 for the stock.