U.S. prescription drug spending as high as $610 billion by 2021: report

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Quintiles (Q) PT Raised to $81 at Jefferies; Reiterates Hold

May 4, 2017 10:06 AM EDT

Jefferies raised its price target on Quintiles (NYSE: Q) to $81.00 (from $78.00) while maintaining a Hold rating. In-line revenue was helped by ~1% inorganic contribution. Organic revenue growth was 0.7% and Integrated Engagement was above expectations. Guidance now implies 2H revenue growth of 8.0% YoY, up from 0.3% in... More