ICON plc (ICLR) Misses Q3 EPS by 50c ; Offers Guidance
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October 24, 2024 6:29 AM EDT
Truist Securities analyst Jailendra Singh reiterated a Buy rating and $363.00 price target on ICON plc (NASDAQ: ICLR)
The analyst comments "Bottom Line. Given the 3Q intra-quarter cautious tone and commentary from the company & its peers, recent results from Medpace (MEDP, Hold), and life science companies, we believe expectations were low heading into the 3Q print. However, the majority of investor cautiousness, in our view, was more around bookings and book to... More
October 24, 2024 6:12 AM EDT
Leerink Partners analyst Michael Cherny reiterated an Outperform rating and $376.00 price target on ICON plc (NASDAQ: ICLR)
The analyst comments "Bottom Line: Expectations ahead of ICLR's 3Q'24 print were fairly low given end-market pressures and peer CRO results pointing to weak biotech demand. We... More
