In a report published Tuesday, Raymond James analyst Michael J. Baker initiated coverage on INC Research Holdings Inc. INCR with an Outperform rating and $37.00 price target.
In the report, Raymond James noted, "We are initiating coverage of INC Research with an Outperform rating and $37 price target. We continue to believe overall contract research organization (CRO) trends are favorable and like INC's expertise and focus on the largest and fastest-growing therapeutic areas in the late-stage drug development space."
INC Research Holdings closed on Monday at $32.57.
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