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

NEW YORK (TheStreet) -- UBS increased its price target on Parexel International  (PRXL) to $62 and set a "buy" rating. The firm said the move reflects continued improvement in operating income and margins.

The stock closed at $54.36 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

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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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