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Deutsche Bank Starts Quintiles (Q) at Buy

June 18, 2013 8:14 AM EDT
Get Alerts Q Hot Sheet
Price: $103.48 --0%

Rating Summary:
    9 Buy, 11 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 6 | Down: 3 | New: 1
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Deutsche Bank initiated coverage on Quintiles (NYSE: Q) with a Buy rating and a price target of $51.00.

Analyst Darren Lehrich said, "In an environment characterized by secular tailwinds and increased penetration of CRO outsourcing, we believe Q's operational scale, breadth of service capabilities, and management team experience position it better than any other player in the CRO landscape. Bottom line: we believe Q is a best in breed player in pharma services, and we think Q should be a core large-cap holding for HC services investors."

For an analyst ratings summary and ratings history on Quintiles click here. For more ratings news on Quintiles click here.

Shares of Quintiles closed at $43.53 yesterday.


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