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

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.

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.

If you liked this article you might like

With Hurricane Harvey, We Are in the Crosshairs of Volatility: Market Recon

EY's Greene Sees More Med Tech, CRO Deals Ahead

Stocks Lower as Crude Oil Slides on Supply Concerns

Stock Futures Narrowly Mixed as Oil Plunges to Fresh 2017 Low