Quest Diagnostics Reports Second Quarter 2016 Financial Results
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Jefferies Raises Price Target on Quest Diagnostics (DGX) to $86 Following 2Q Earnings Report
July 22, 2016 8:39 AM EDTJefferies reiterated a Hold rating on Quest Diagnostics (NYSE: DGX), and raised the price target to $86.00 (from $75.00), following the company's 2Q earnings report. DGX posted its 3rd consecutive quarter of positive organic volume growth. However, pricing remains under pressure.
Analyst Brian Tanquilut... More
Quest Diagnostics (DGX) PT, Estimates Raised at Evercore ISI Amid Solid Q2
July 21, 2016 12:00 PM EDTEvercore ISI analyst Ross Muken raised estimates and his price target on Quest Diagnostics (NYSE: DGX) to $89.50 (from $78.50) but maintained a Hold rating following results.
The firm raised FY 2016 EPS from $5.10 to $5.15, FY 2017 EPS from $5.55 to $5.60 and FY 2018 EPS from $5.95 to $6.15.
Muken commented, "Quests turnaround momentum continues as volumes have stabilized in the LSD, with a consistent price headwind... More
Quest Diagnostics (DGX) Tops Q2 EPS by 5c; Maintains FY Adjusted EPS Outlook
July 21, 2016 6:49 AM EDTQuest Diagnostics (NYSE: DGX) reported Q2 EPS of $1.37, $0.05 better than the analyst estimate of $1.32. Revenue for the quarter came in at $1.91 billion versus the consensus estimate of $1.91 billion.
"We had another good quarter of earnings growth and a solid first half," said Steve... More
