Goldman Sachs Maintains Buy on IQVIA Hldgs, Lowers Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Matthew Sykes maintains a Buy rating on IQVIA Holdings but lowers the price target from $280 to $250.

November 01, 2024 | 5:11 pm
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Goldman Sachs has maintained its Buy rating on IQVIA Holdings but has lowered the price target from $280 to $250, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in IQVIA's performance, but the lowered price target indicates a more cautious outlook, likely due to market conditions or company-specific factors. This could lead to a short-term negative impact on the stock price as investors adjust expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100