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Citi places ‘downside 90-day short-term view’ on Iqvia

Citi keeps a Neutral rating on Iqvia (IQV) with a $160 price target while adding a “downside 90-day short-term view” on the shares. The firm is cautious on Iqvia, citing delayed decision making by customers. The firm sees minimal upside to continued growth in the Technology and Analytics Solutions unit as comps get significantly harder in the second half of the year.

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