12:05 PM EDT, 07/22/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

After reviewing Q2 FY 25 earnings, we raise our target price to $190 from $158, 14.8x our 2026 EPS, below IQV's five-year historical forward P/E average of 21.0x. We lower our 2025 estimate to $11.96 from $12.02 and maintain our 2026 EPS view at $12.88. IQVIA ( IQV ) reported Q2 revenue of $4B, up a solid 5.3% Y/Y. Technology & Analytics Solutions revenue of $1.6B rose by a robust 8.9% Y/Y, counterbalancing modest growth in the core R&D segment, which grew by 1.8% Y/Y excluding reimbursed expenses. Despite a number of uncertainties in the operating environment and delays in customers decision making, the company maintained a solid book-to-bill ratio of 1.12x for the quarter with $2.5B in net new bookings, above expectations, indicating a healthy pipeline of future work, in our view. Yet, we think short-term policy uncertainties persist, and they could put pressure on the company's performance in the next quarters.