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Parexel International Corporation (PRXL) [hlAlert]


Parexel International Corporation (PRXL) rated Equal-Weight with price target $29 by Lehman Brothers

Posted on: Tuesday,  Sep 9, 2008  9:25 AM ET by Lehman Brothers

Parexel International Corporation (PRXL)
rated Equal-Weight with price target $29 by Lehman Brothers.

Parexel International Corporation is one of the largest biopharmaceutical outsourcing organizations in the world, providing a broad range of knowledge-based contract research, medical marketing and consulting services to the worldwide pharmaceutical, biotechnology and medical device industries. With a commitment to providing solutions that expedite time-to-market and peak market penetration, PAREXEL has developed significant expertise in clinical trials management, data management, biostatistical analysis, medical marketing, clinical pharmacology, regulatory and medical consulting, industry training and publishing and other drug development consulting services. Its information technology subsidiary, Perceptive Informatics, Inc., develops and offers a portfolio of innovative technology-based products and services that facilitate clinical drug development and are designed to decrease time to peak sales.

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/9/2008 9:25 AM Hold
31.30 29.00
as of 12/24/2008
1 Week down  -28.64 %
1 Month down  -13.83 %
3 Months up  7.59 %
1 YTD down  -15.34 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/24/2008 9:25 AM Hold
25.51 27.00
4/11/2008 8:25 AM Hold
24.70 25.00
1/24/2008 12:25 PM Hold
28.82 25.00
9/28/2007 9:25 AM Hold
20.64 21.00

(*) Stock Price at the time of the recommendation.
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