Analysts Are Cutting Price Targets of These 5 Stocks

04. IQVIA Holdings Inc. (NYSE:IQV)

Number of Hedge Fund Holders: 60

On May 1, Truist analyst Jailendra Singh lowered the price target on IQVIA Holdings Inc. (NYSE:IQV) stock to $244 from $265 while maintaining a Buy rating on the shares following its Q1 earnings report. The analyst notes that the IQVIA Holdings Inc. (NYSE:IQV) results in the Technology & Analytics Solutions division were lower than expected, overshadowing the strong performance in the CRO business. Despite this, the stock has been somewhat insulated compared to its CRO peers due to its advanced tech capabilities and longitudinal data.