UPDATE: ISI Group Upgrades PAREXEL on Improving Fundamentals Ahead of 3Q Earnings
October 04, 2013 at 11:52 AM EDT
In a report published Friday, ISI Group analyst Ross Muken upgraded the rating on PAREXEL International Corporation (NASDAQ: PRXL ) from Neutral to Buy, and raised the price target from $52.50 to $57.00. In the report, ISI Group noted, “As we approach 3Q earnings, dynamics in the CRO and biopharma