Medidata Solutions (MDSO) Tops Q3 EPS by 2c

Go back to Medidata Solutions (MDSO) Tops Q3 EPS by 2c

Jefferies Raises Price Target on Medidata Solutions (MDSO) to $41; Reiterates Underperform

October 26, 2016 9:36 AM EDT

Jefferies reiterated an Underperform rating on Medidata Solutions (NASDAQ: MDSO), and raised the price target to $41.00 (from $36.00), following the company's 3Q earnings report. Management's reaffirmed guidance and optimistic view of current demand is underpinned by a steady stream of competitive displacements in EDC,... More