Labcorp price target lowered to $234 from $249 at Barclays

Barclays lowered the firm’s price target on Labcorp to $234 from $249 and keeps an Equal Weight rating on the shares ahead of the earnings report. The firm updated the company’s model to reflect Hurricane Milton headwinds, out-year volume normalization, and higher interest on the $2B of senior notes priced in September.