PRA on hold by Jefferies

Jefferies & Co., Inc. analyst David Windley maintained PRA International, Inc. at hold and a $25 price target. The analyst is looking for evidence of progress in diversifying therapeutic areas and expansion of the platform/presence in phase 1 and into phase 4. Shares of the Reston, Va., contract research organization were up 35 cents, or 1.45%, at $24.55 on volume of 135,492 shares versus the three-month running average of 248,098 shares. (Nasdaq: PRAI)

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