Charles River: Forecast Upgrade Boosts Share Price Under High Volume
Reading Time: 3 minutes
Massive Outlook Boost: Charles River raises its annual forecasts for 2026 for earnings per share to $11.15 to $11.45 and for revenue to up to $3.920 billion – both target figures significantly exceed market consensus. Operational Quarterly Beat: In the second quarter, the pharmaceutical supplier surpassed market expectations with an adjusted earnings of $3.02 per share and revenues of $1.004 billion . Analysts Upgrade as Driver: Following the numbers, TD Cowen reaffirms its buy recommendation, raises the price target to $325 , thereby...
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