Medidata Collaborates with Leading New York Cancer Center to Expand the Use of mHealth Technology in Oncology Care

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Needham & Company Reiterates Buy on Medidata Solutions (MDSO) Following Strong 2Q Results

July 21, 2016 8:32 AM EDT

Needham & Company reiterated a Buy rating on Medidata Solutions (NASDAQ: MDSO), and raised the price target to $60.00 (from $55.00), following the company's 2Q earnings report. MDSO reported revenues of $114.6mm, ahead of $112.4mm estimate. EPS of $0.24 also beat estimates with a $0.23 consensus.

Analyst Scott Berg... More