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Quest Diagnostics assumed with a Buy at Jefferies

Quest Diagnostics assumed with a Buy at Jefferies

Jefferies analyst Tycho Peterson assumed coverage of Quest Diagnostics (DGX) with a Buy rating and a price target of $185, up from $175. Larger full-service reference labs, such as Quest, stand to benefit from the same tailwinds as “esoteric labs,” but with less idiosyncratic National Provider Identifier commercialization and reimbursement risk, the analyst tells investors.

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