Jefferies Boosts Price Target on Medidata
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Price: $92.22 --0%
Rating Summary:
5 Buy, 11 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 8 | New: 19
Rating Summary:
5 Buy, 11 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 8 | New: 19
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Jefferies analysts updated their price target on Medidata Solutions (NASDAQ: MDSO) raising it by $3 to $34 from $31.
Medidata Solutions is global provider of hosted clinical development solutions designed to improve the efficiency of the clinical development process. Through its principal offering, Medidata Rave, the company combines electronic data capture (EDC) with a clinical data management system (CDMS) in a comprehensive platform that replaces the traditional paper-based methods.
“Medidata's ongoing transition from a solution provider to a true clinical trial software platform has significantly advanced relative to peers,” stated a Jefferies analyst. “Rave's lower cost of ownership and a growing portfolio of bolt-on offerings have led to continued share gains. A significant up-sell opportunity also continues to develop.”
For an analyst ratings summary and ratings history on Medidata Solutions click here. For more ratings news on Medidata Solutions click here.
Shares of Medidata Solutions closed at $28.64 yesterday.
Medidata Solutions is global provider of hosted clinical development solutions designed to improve the efficiency of the clinical development process. Through its principal offering, Medidata Rave, the company combines electronic data capture (EDC) with a clinical data management system (CDMS) in a comprehensive platform that replaces the traditional paper-based methods.
“Medidata's ongoing transition from a solution provider to a true clinical trial software platform has significantly advanced relative to peers,” stated a Jefferies analyst. “Rave's lower cost of ownership and a growing portfolio of bolt-on offerings have led to continued share gains. A significant up-sell opportunity also continues to develop.”
For an analyst ratings summary and ratings history on Medidata Solutions click here. For more ratings news on Medidata Solutions click here.
Shares of Medidata Solutions closed at $28.64 yesterday.
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