UPDATE: Merill Lynch Upgrades LabCorp on 2014 Industry Clarity
January 31, 2014 at 15:14 PM EST
In a report published Friday, Bank of America Merrill Lynch analyst Robert Willoughby upgraded Laboratory Corporation of America (NYSE: LH ) to Buy based on better clarity in the industry in 2014. Willoughby noted that LabCorp of America is facing lower reimbursement and weak, continuing growth metrics. Despite these challenges