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Jefferies reiterates SFBC at buy
SFBC International was reiterated by Jefferies & Co. Inc. analyst David Windley at a buy rating with a $35 price target as Jefferies said it sees a tradable opportunity for investors as the stock rebounds from oversold levels on better understanding of the demand trends and mix of business issues influencing the third quarter. Demand for the company's services is robust, as generic bioequivalency is a driver of that demand and an area of emphasis for the company. Shares of the Miami pharmaceutical-services company were up 49 cents, or 1.54% at $32.31 on volume of 899,457 shares versus the three-month running average of 424,018 shares.
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