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Quest Diagnostics price target lowered to $152 from $153 at JPMorgan

JPMorgan lowered the firm’s price target on Quest Diagnostics to $152 from $153 and keeps a Neutral rating on the shares ahead of the Q4 report. The analyst believes investors will be focused on five key areas when the labs report: volume trends, the impact of the Protecting Access to Medicare Act delay on 2024 margins, updates on recent acquisitions and strategy, and 2024 guidance and sequencing.

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