Medpace Holdings, Inc. Reports Fourth Quarter and Full Year 2016 Results

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Medpace (MEDP) PT Raised to $35.50 at Jefferies; Reiterates Hold

February 28, 2017 9:26 AM EST

Jefferies raised its price target on Medpace (NASDAQ: MEDP) to $35.50 (from $34.00) while maintaining a Hold rating. Guidance targets revenue growth of ~7.5% (~8% CC), below consensus' 11.4%. Yet, guidance does bracket Net Income and EPS estimates.

Analyst David Windley commented, "Medpace boasts eye-popping margin,... More