Will This Price Target Increase Help Parexel International (PRXL) Stock Today?

NEW YORK (TheStreet) -- Jefferies increased its price target on Parexel International PRXL to $58 and set a "hold" rating. The firm noted management increased guidance with higher growth forecast and management targeting margin.

The stock was up 0.31% to $53.83 at 9:41 a.m. on Wednesday.

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

PRXL Chart

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.

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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