Jefferies Downgrades IQVIA Hldgs to Hold, Lowers Price Target to $242
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst David Windley has downgraded IQVIA Holdings (NYSE:IQV) from Buy to Hold and lowered the price target from $266 to $242.
July 24, 2024 | 10:54 am
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Jefferies analyst David Windley downgraded IQVIA Holdings from Buy to Hold and reduced the price target from $266 to $242.
The downgrade from Buy to Hold and the reduction in the price target from $266 to $242 by Jefferies is likely to negatively impact IQVIA's stock price in the short term. Downgrades and lower price targets typically signal reduced confidence in the company's near-term performance.
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IMPORTANCE 80
RELEVANCE 100