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Fly News Breaks for November 13, 2017
INCR
Nov 13, 2017 | 07:17 EDT
KeyBanc analyst Donald Hooker lowered his price target for INC Research to $46 from $68 as project delays and cancellations are resulting in lost revenue, and as the lumpiness of the legacy inVentiv Health business is making it into a less reliable performer than its CRO peers. Nonetheless, he analyst reiterates an Overweight rating on the shares given the positive funding and political environment for contract research organizations.
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