LabCorp Announces Agreement to Acquire Sequenom

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LabCorp (LH) PT Raised to $155 at Evercore ISI

July 27, 2016 11:57 AM EDT

Evercore ISI analyst Ross Muken reiterated a Buy rating and boosted his price target on Laboratory Corporation of America (NYSE: LH) to $155.00 (from $147.00) following results and the Sequenom deal.

Muken commented, "While the quarter did not go exactly as we had envisioned (notable CVD beat + better rev/req didnt yield as... More