New insider activity at Labcorp Holdings ( (LH) ) has taken place on February 21, 2025.
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Senior Vice President and Chief Accounting Officer, Peter J Wilkinson, recently executed a significant transaction by selling 1,413 shares of Labcorp Holdings stock. This sale amounted to a total value of $347,725, reflecting a notable financial move within the company.
Recent Updates on LH stock
Labcorp Holdings has experienced several price target changes from notable financial institutions following its recent Q4 earnings report. Piper Sandler increased its price target to $260, citing strong quarterly results despite maintaining a Neutral rating. Deutsche Bank also raised its target to $248, maintaining a Hold rating, following an in-line Q4 report. Baird adjusted its target to $293 after updating its model based on the Q4 results, while BofA increased its target to $282, highlighting strong execution in the core lab business and a favorable FY25 sales guidance. These changes reflect positive sentiment towards Labcorp’s financial performance, strategic acquisitions, and future growth potential, despite some concerns over margin pressures and increased personnel costs.
More about Labcorp Holdings
YTD Price Performance: 8.60%
Average Trading Volume: 547,001
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $20.6B