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Barclays upgrades Quest Diagnostics on potential estimate upside

Barclays upgraded Quest Diagnostics (DGX) to Overweight from Equal Weight with a price target of $210, up from $195. The company has “laid to rest” fears about the durability of its fundamentals as it has sustainably grown 4% organically from fiscal 2024 to 2025, the analyst tells investors in a research note. The firm sees “ample upside” to Quest’s earnings growth estimates for 2026 and potential for valuation expansion.

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