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Fly News Breaks for January 12, 2017
Q, PRAH
Jan 12, 2017 | 07:40 EDT
Jefferies analyst David Windley calls his meeting Tuesday evening with PRA Health management his "most bullish meeting in recent memory." The company is "riding a wave of demand" for its mix of services while its bigger competitors, including QuintilesIMS (Q), are making share gains easier, Windley tells investors in a research note. He expects PRA's bookings to strengthen in Q4 and keeps a Buy rating on the shares with a $63 price target.
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