Goldman Sachs Upgrades Quest Diagnostics (DGX) to Neutral

July 2, 2012 7:25 AM EDT Send to a Friend
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Price: $61.39 +0.97%

Rating Summary:
    3 Buy, 15 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 25 | New: 24
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Goldman Sachs upgraded Quest Diagnostics (NYSE: DGX) from Sell to Neutral with a price target of $59.00 (from $55.00).

The firm said they now have greater appreciation for upside to earnings through cost rationalization and additional share repurchase. They also said the defensive sales mix is attractive.

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

Shares of Quest Diagnostics closed at $59.90 yesterday, with a 52 week range of $45.13-$62.32.


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