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Fly News Breaks for February 17, 2017
Q
Feb 17, 2017 | 06:06 EDT
Wells Fargo analyst Tim Evans upgraded QuintilesIMS to Outperform following a review of the company's annual filing. A "controversial and complex merger story now looks less risky," Evans tells investors in a research note. The analyst forecasts annual earnings growth of 15%-20% for the 2018-2020 period. He has a $90-$92 price target range for QuintilesIMS shares.
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