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IQVIA Stock Pops As Analysts Hike Price Targets Again

IQVIA Stock Pops As Analysts Hike Price Targets Again

IQVIA Holdings Inc. surged as transformative clinical data-analytics partnership news drove bullish sentiment; stocks have been trading up by 12.12 percent

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Key Takeaways

  • HSBC raised its price target on IQVIA to $240 from $210 and reiterated a Buy rating, expecting relative outperformance in healthcare in the second half of the year.
  • Deutsche Bank named IQVIA a short-term “Catalyst Call: Buy” after about a 10% year-to-date slide, arguing fears about its business mix and AI/ML disruption are overstated.
  • Multiple firms have lifted IQVIA targets into roughly the…

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