Analyst Ratings For Labcorp Holdings
Portfolio Pulse from Benzinga Insights
Labcorp Holdings (NYSE:LH) has been analyzed by 9 analysts, showing a range of ratings from bullish to indifferent. Recent analyst actions have predominantly raised price targets, with an average target of $257.67, up from $243.89. Labcorp's financial metrics, such as revenue growth and net margin, are strong, though its growth rate lags behind peers.
September 20, 2024 | 12:01 pm
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Labcorp Holdings has received predominantly bullish analyst ratings, with several analysts raising their price targets. The average price target has increased to $257.67, indicating positive sentiment. Labcorp's financial performance is strong, with high net margins and effective debt management, though its revenue growth rate is below industry averages.
The majority of analysts have raised their price targets for Labcorp Holdings, indicating a positive outlook. The increase in the average price target suggests that analysts expect the stock to perform well in the short term. Labcorp's strong financial metrics, such as net margin and debt management, support this positive sentiment. However, the company's revenue growth rate is below industry averages, which may temper expectations slightly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100