Labcorp price target lowered to $288 from $304 at Credit Suisse

Credit Suisse lowered the firm’s price target on Labcorp to $288 from $304 and keeps an Outperform rating on the shares. The firm is also updating the breakdown of its 2023 metrics to reflect lowered revenues, op income, and EPS in the first half of the year and raised metrics in the back half.