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Fly News Breaks for February 13, 2020
Feb 13, 2020 | 05:13 EDT
Piper Sandler analyst Sean Wieland raised his price target for Iqvia to $163 from $145 while keeping a Neutral rating on the shares. The company's Q4 results were modestly ahead of expectations, but its 2020 guidance reflects continued delays in organic revenue growth, Wieland tells investors in a research note. He believes buybacks and tuck-in acquisitions have been "under-appreciated drivers" of Iqvia's revenue and earnings growth.
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