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.

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