Parexel (PRXL) Reports In-Line Q4 EPS, Offers FY17 and Q1 Guidance

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PAREXEL (PRXL) PT Raised to $78.50 at Evercore ISI

August 4, 2016 2:27 PM EDT

Evercore ISI analyst Ross Muken reiterated a Buy rating and raised his price target on PAREXEL International (NASDAQ: PRXL) to $78.50 (from $71.00) following results.

Muken commented, "Outgoing CFO, Ingo Bank, may not have been with PAREXEL very long, but he left a mark on the companys profitability. We continue to be impressed with the margin inflection executed by his MAP program, leading to... More