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Iqvia price target raised to $270 from $230 at Evercore ISI

Evercore ISI analyst Elizabeth Anderson raised the firm’s price target on Iqvia to $270 from $230 and keeps an Outperform rating on the shares. The firm sees potential upside to its 2025 R&DS revenue estimate and also sees margin improving in the second half given some revenue leverage as well as the impact of cost cutting programs, the analyst tells investors in a post-earnings note.

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