Investment Bank Upgrades Quest, LabCorp on Expected Uptick in Doctor Visits, Lab Testing | GenomeWeb

NEW YORK (GenomeWeb) – Investment bank Canaccord Genuity today upgraded shares of Quest Diagnostics and Laboratory Corporation of America to Buy ratings on expectations that visits to primary care physicians and laboratory testing will increase in 2015 over 2014 levels. 

Analyst Mark Massaro upgraded the ratings for both companies from prior Hold ratings. He also increased his price target on Quest to $82 from an earlier $63 target, and the price target on LabCorp to $145 from $100. 

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