ICON plc (ICLR) Tops Q3 EPS by 1c

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Jefferies Raises Price Target on ICON plc (ICLR) to $87.50; Reiterates Hold

October 21, 2016 8:36 AM EDT

Jefferies reiterated a Hold rating on ICON plc (NASDAQ: ICLR), and raised the price target to $87.50 (from $80.00), following the company's 3Q. Revenue grew ~15.7% in 3Q and ~11.8% YTD. SG&A has remained flat for 6 quarters and has declined 140 bps as a percentage of revenue. ICLR... More

ICON plc (ICLR) Appoints New CEO, Chairman

October 20, 2016 6:16 AM EDT

ICON plc, (Nasdaq: ICLR) announced that, as part of its planned succession of executive leadership, Mr. Ciaran Murray will transition to the role of Chairman of the Board of Directors and Dr. Steve Cutler will be appointed as Chief Executive Officer, with both changes effective as of 1st March 2017.

Dr. Cutler joined ICON in 2011 as... More