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Fly News Breaks for March 20, 2017
Mar 20, 2017 | 07:07 EDT
SunTrust analyst Sandy Draper identifies PRA Health as his favorite late-stage contract research organization, or CRO. The analyst expects the company's partnerships to drive double digit percentage revenue growth through at least 2018. Draper says that the company has high quality bookings, and he raised his price target on the shares to $72 from $70. He keeps a Buy rating on the stock.
News For PRAH From the Last 2 Days
Jun 26, 2017 | 10:31 EDT
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. PRA Health (PRAH) initiated with a Buy at BofA/Merrill by analyst Derik de Bruin , who cited its flexible and competitive CRO offerings, positive CRO industry fundamentals, and above average growth. 2. Cutera (CUTR) initiated with a Buy at Roth Capital by analyst Chris Lewis, who believes the company is well-positioned for increased U.S. productivity and more substantial profitability. He also views Cutera as a potentially "attractive" takeover target. 3. LyondellBasell (LYB) initiated with a Buy and $101 price target at HSBC by analyst Sriharsha Pappu. 4. Carbonite (CARB) initiated with an Equal Weight by Barclays analyst Saket Kalia, who set a $26 price target on the stock. 5. Green Dot (GDOT) initiated with a Hold at Lake Street by analyst Josh Elving. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
Jun 26, 2017 | 06:39 EDT
BofA/Merrill analyst Derik de Bruin initiated PRA Health with a Buy and an $89 price target due to its flexible and competitive CRO offerings, positive CRO industry fundamentals, and above average growth.
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