Piper Sandler analyst David Westenberg maintains $Labcorp Holdings (LH.US)$ with a hold rating, and adjusts the target price from $235 to $240.
According to TipRanks data, the analyst has a success rate of 48.4% and a total average return of 0.6% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Labcorp Holdings (LH.US)$'s main analysts recently are as follows:
The assessment suggests that Labcorp could stand to gain from a heightened demand for reliability in healthcare services as the year draws to a close, following their third-quarter financial report.
The company demonstrated a robust quarterly performance, underscored by the vigor in its Diagnostic segment and the enhanced profit and loss figures for the BLS division, in spite of largely transitory challenges.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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