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Labcorp upgraded to "Buy" on strong earnings and raised 2025 outlook, despite insider sales.
Labcorp (NYSE:LH) received a "Buy" rating upgrade from Wall Street Zen, joining several firms that raised price targets and maintained positive ratings, contributing to a consensus "Moderate Buy" with an average 1-year target of $299.77.
The company reported strong third-quarter results, with $4.18 EPS, beating estimates by $0.05, and $3.56 billion in revenue, up 8.6% year-over-year.
It raised full-year 2025 EPS guidance to $16.15–$16.50.
The stock closed at $266.72, down $3.25, with below-average volume.
Institutional ownership stands at 95.94%, and insiders including CEO Adam H. Schechter and Director Richelle P. Parham sold shares.
Labcorp operates globally in clinical testing and pharmaceutical development.
Labcorp se actualizó a "Comprar" con fuertes ganancias y elevó las perspectivas para 2025, a pesar de las ventas internas.