INC Research Holdings (INCR) PT Lowered to $45 at Wells Fargo on Q3 Report; 'Not Buying this Dip'
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Price: $1.09 -3.54%
Rating Summary:
2 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 2
Rating Summary:
2 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 2
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Wells Fargo lowered its price target on INC Research Holdings (NASDAQ: INCR) to $45.00 (from $60.00) while maintaining a Market Perform rating, following the company's third quarter earnings report.
Analyst Evans notes a reduced price target, as the company reported third quarter earnings per share and revenue results below consensus projections, with management offering materially worse 2018 commentary and reducing Q4 revenue guidance.
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