Medpace Holdings, Inc. Reports Third Quarter 2017 Results

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Medpace (MEDP) PT Raised to $38 at Jefferies; Reiterates Hold

November 1, 2017 8:31 AM EDT

Jefferies raised its price target on Medpace (NASDAQ: MEDP) to $38.00 (from $34.00) while maintaining a Hold rating following the company's 3Q earnings report. 3Q revenue benefited by ~$1.75M from delayed revenue recognition for work completed in 1H17 but for which the client needed to raise funds.... More