Covance Shares Up 7.5% (CVD)

Shares of Covance Inc. CVD are trading up 7.5% at $55.57 per share during the Wednesday afternoon trading session. The day's range for shares of Covance Inc has been between $52.01 and $56.23 per share. The average price target of analysts who cover Covance Inc. (CVD) is $50.20 per share. Volume of 2.2 million shares is more than triple the daily average volume of 674,000 shares. Covance Inc , with headquarters in Princeton, New Jersey, is one of the world's largest and most comprehensive drug development services companies with annual revenues greater than $1.8 billion, global operations in more than 30 countries, and more than 10,000 employees worldwide. Read more from Benzinga's Company news.