Barclays PLCBarclays is cited only for lifting its Certara price target and its comment on a tough life-science setup, not as a subject of the news.
Certara's fair value estimate has edged up to US$8.71 from US$8.19, with analyst price targets clustering in the US$9 to US$10 range ahead of upcoming results. UBS resumed coverage of Certara with a Neutral rating and a US$10 price target, while Barclays lifted its target from US$7.50 to US$9 and Baird moved from US$6 to US$7. Revenue growth expectations have shifted from a decline of 0.64% to an increase of 1.49%, while the net profit margin is reported at 3.76% on both the previous and updated figures and the future P/E has changed from 87.9x to 94.4x. Barclays describes an "extremely tough setup" for life science and diagnostic stocks, and UBS says it wants more evidence of a software revenue recovery before taking a more positive view. The discount rate is broadly unchanged, moving from 8.57% to 8.59%.
Barclays PLCBarclays is cited only for lifting its Certara price target and its comment on a tough life-science setup, not as a subject of the news.
UBS Group AGUBS is mentioned only for resuming Certara coverage with a Neutral rating and US$10 target, not as a subject of the news.
Certara IncAnalyst fair value and price targets for Certara were raised (UBS US$10, Barclays US$9, Baird US$7), with revenue growth expectations shifting from a decline to an increase.
CTBC Financial Holding Co LtdBaird is mentioned only for raising its Certara price target from US$6 to US$7, not as a subject of the news.