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UPDATE: Benchmark Raises Price Target on BioClinica to $8

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According to Benchmark, BioClinica (NASDAQ: BIOC) price target is raised to $8.

Benchmark said that it hosted an investor event at BioClinica's eClinical software headquarters in Audubon, PA on January 13. “We are increasing our price target to $8.00, from $7.00, to reflect a 20x multiple of our unchanged $0.40 EPS forecast this year.”

BioClinica closed on Friday at $4.77.

 

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