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Published on 7/28/2005 in the Prospect News Biotech Daily.

PRA price target raised by Jefferies

PRA International Inc. was reiterated by Jefferies & Co. analyst David windley at a hold rating, but the price target on the stock was boosted to $29 per share from $28 following second-quarter earnings. Jefferies also raised its 2005 EPS estimate to $1.26 from $1.21. PRA shares Thursday climbed $0.91, or 3.11%, to close at $30.16 on volume of 130,779 shares versus the three-month running average of 164,218 shares.


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