Deutsche Bank Initiates Coverage On Medpace Hldgs with Hold Rating, Announces Price Target of $395
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Justin Bowers initiates coverage on Medpace Holdings (MEDP) with a Hold rating and sets a price target of $395.

March 18, 2024 | 12:22 pm
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Deutsche Bank initiated coverage on Medpace Holdings with a Hold rating and a price target of $395.
The initiation of coverage by a major bank like Deutsche Bank generally brings increased attention to a stock. A Hold rating suggests a neutral outlook, indicating that the analyst believes the stock is fairly valued at its current price. The price target of $395 provides a benchmark for investors, but since it's a Hold rating, it may not significantly impact the stock's short-term movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90