Baird analyst Eric Coldwell lowered the firm’s price target on Charles River to $256 from $267 and keeps an Outperform rating on the shares. The firm said for the first time in years, they feel like ability-to-achieve and/or beat is back after the company set what looks like a reasonable and, frankly, quite healthy LRP.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on CRL:
- Charles River’s updated targets below consensus expectations, says UBS
- Charles River says ‘well positioned to deliver 6%-8% organic revenue growth
- Charles River enters multi-program collaboration pact utilizing Logica
- Charles River initiated with a Market Perform at TD Cowen
- Charles River, PathoQuest validate sequencing viral safety assay as option