Truist analyst David MacDonald raised the firm’s price target on Quest Diagnostics (DGX) to $190 from $182 and keeps a Hold rating on the shares on the heels of solid Q1 results featuring in-line revenue, while adjusted EPS and AOI were ahead and the FY25 guide was reaffirmed. Truist views the recent LDT ruling as a nice positive, commentary around tariffs was encouraging, and it expects ongoing AI/automation initiatives to aid efficiency/savings.
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