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Medpace price target lowered to $313 from $340 at Baird

Baird analyst Eric Coldwell lowered the firm’s price target on Medpace (MEDP) to $313 from $340 and keeps a Neutral rating on the shares. The firm updated its model following Q1 results and although they are not negative on the shares, they are not overly excited as Bookings remain in “show-me” mode.

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