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Fly News Breaks for February 12, 2020
Feb 12, 2020 | 16:17 EDT
Stifel analyst Shlomo Rosenbaum raised his price target for Iqvia to $194 from $180 following the company's Q4 results and keeps a Buy rating on the shares. The analyst continues to like the story and thinks investors "should get on for this three-year ride." The uniqueness of Iqvia's information and technology assets is not fully appreciated by investors, Rosenbaum tells investors in a research note. He sees a valuation path to the low $250s range in the next several years.
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