NEW YORK (TheStreet) -- Barclays increased its price target on Parexel International  (PRXL) to $56 and set an "overweight" rating. The firm's move reflects confidence in margin expansion with key strategic deals.

The stock was up 0.33% to $54.84 at 9:32 a.m. on Tuesday.

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PRXL data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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