Quintiles (Q) PT Raised to $93 at Mizuho Securities
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Price: $161.19 -8.23%
Rating Summary:
16 Buy, 7 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 14 | New: 26
Rating Summary:
16 Buy, 7 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 14 | New: 26
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Mizuho Securities raised its price target on Quintiles (NYSE: Q) to $93.00 (from $90.00) while maintaining a Buy rating.
Analyst Ann Hynes believes the stock price weakness is largely due to book-to-bill concerns as investors digest the sequential declines. Hynes believes these concerns are overdone.
FY 2017 EPS estimate rises from $4.48 to $4.50 and FY 2018 EPS estimate remains at $5.15.
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