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Fly News Breaks for December 1, 2016
Q
Dec 1, 2016 | 08:50 EDT
As previously reported, William Blair analyst John Kreger downgraded QuintilesIMS to Market Perform from Outperform, citing concerns about the legacy Quintiles core CRO business. Transitional issues could keep bookings softer, which could limit revenue growth over the next one to two years, warned Kreger, who added that he still thiks the merger of IMS and Quintiles makes strategic sense as data become increasingly important.
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