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Fly News Breaks for October 30, 2017
ICLR
Oct 30, 2017 | 09:05 EDT
SunTrust analyst Sandy Draper raised his price target on ICON Plc to $138 and kept his Buy rating following Q3 results. Draper says he is boosting his estimates and target multiple given that the revenue fall-off from Pfizer - its biggest client - was not as pronounced as expected, while the company was also able to reduce its SG&A expenses.
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