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PDI kept at hold by Jefferies
Jefferies & Co., Inc. analyst David Windley maintained PDI, Inc. at its hold rating with a $13 price target after company management has taken steps towards the company's recovery by establishing credible cost control measures. Jefferies' revised earnings per share estimates for 2006 and 2007 are $0.55 and $0.31. Shares of the Saddle River, N.J., biopharmaceutical services company were up $0.05, or 0.39%, at $12.87 on volume of 60,673 shares versus the three-month running average of 93,343 shares. (Nasdaq: PDII)
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