Craig-Hallum lowered the firm’s price target on Inotiv to $25 from $34 and keeps a Buy rating on the shares. The firm notes Q4 revenues came in better than feared as the company’s services segment starts to gain traction. Overall, Craig-Hallum believes the DSA segment will be the driver over the near-term as management is pointing to 10%-12% in FY24.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on NOTV:
- Inotiv Reports Fourth Quarter and Full Year Financial Results for Fiscal 2023 and Provides Business Update
- Options Volatility and Implied Earnings Moves Today, December 11, 2023
- Options Volatility and Implied Earnings Moves This Week, December 11 – December 15, 2023
- Inotiv, Inc. (NOTV) Q4 Earnings Cheat Sheet
- Inotiv, Inc. Announces Plan to Insource North American Transportation Operations