Parexel price target upped by Jefferies

Parexel Corp. was maintained by Jefferies & Co. analyst Adam Walsh at an underperform rating but the price target was raised to $17.25 per share from $16.00 following second-quarter results. Parexel shares Wednesday were up $0.32, or 1.60%, at $20.37 on volume of 99,587 shares versus the three-month running average of 173,603 shares.

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