PAREXEL International Reports Second Quarter Fiscal Year 2017 Results

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Deutsche Bank Downgrades PAREXEL International (PRXL) to Sell

February 3, 2017 6:26 AM EST

Deutsche Bank downgraded PAREXEL International (NASDAQ: PRXL) from Hold to Sell with a price target of $53.00 (from $66.00). The change follows disappointing Q2 results and guidance.Analyst George Hill pointed out valuation and poor visibility.

"Our downgrade to sell is driven by several... More

Raymond James Downgrades PAREXEL International (PRXL) to Underperform

February 2, 2017 9:31 AM EST

Raymond James downgraded PAREXEL International (NASDAQ: PRXL) from Market Perform to Underperform.

For an analyst ratings summary and ratings history on PAREXEL International click here. For more ratings news on PAREXEL International click here.

Shares of PAREXEL International closed at $70.32 yesterday.

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Parexel (PRXL) Tops Q2 EPS by 1c

February 2, 2017 7:44 AM EST

After the close, Parexel (NASDAQ: PRXL) reported Q2 EPS of $0.85, $0.01 better than the analyst estimate of $0.84. Revenue for the quarter came in at $534.4 million versus the consensus estimate of $537.3 million.

"We were satisfied with our adjusted EPS results in the second quarter, said Josef von Rickenbach, Chairman and Chief Executive Officer... More