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Fly News Breaks for January 27, 2017
DGX
Jan 27, 2017 | 07:26 EDT
Canaccord analyst Mark Massaro raised his price target on Quest Diagnostics to $102 from $90 following the Q4 beat and 2017 guidance which at the midpoint is above consensus on revenue and in-line on earnings. Massaro believes Quest can beat earnings guidance through modest buybacks, new lab service wins or acquisitions, and through potential tax reforms. Massaro reiterated his Buy rating on Quest Diagnostics shares.
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