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Robeco cuts stake in IQVIA, but the company reports strong earnings and its stock rises 20%.
Robeco Institutional Asset Management and other institutional investors have adjusted their stakes in IQVIA Holdings Inc., with Robeco reducing its holdings by 1.4%.
Despite this, IQVIA's stock value has seen a 20% increase, and the company reported strong Q1 earnings of $2.70 per share, exceeding expectations.
Institutional investors collectively own 89.62% of IQVIA's stock, and the company has a market cap of $27.25 billion, with analysts giving it a "Moderate Buy" rating and a price target of $226.32.
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Robeco recorta su participación en IQVIA, pero la compañía reporta fuertes ganancias y sus acciones suben un 20%.