Barclays analyst Luke Sergott lowered the firm’s price target on Iqvia (IQV) to $165 from $170 and keeps an Equal Weight rating on the shares following the Q1 report. The firm says suboptimal bookings and business-to-business are going to weigh on Iqvia’s demand recovery thesis.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IQV:
- IQVIA Holdings Reports Strong Q1 2025 Results
- Resilience and Growth Prospects Drive Buy Rating for IQVIA Holdings Amid Industry Challenges
- IQVIA Holdings’ Earnings Call: Mixed Sentiment Amid Growth
- Morning Movers: DoorDash falls following Q1 results and pair of acquisitions
- Iqvia reports Q1 adjusted EPS $2.70, consensus $2.63