Based on the provided data and recent analyst updates, here's the price prediction for Charles River Laboratories (CRL) stock in 2025:
Charles River Laboratories' stock is expected to trade in the range of $175-$188 by mid-2025, with analysts recently upgrading their outlook from Sell to Neutral. The primary drivers for this prediction are the stabilization in demand within the Discovery and Safety segment after a period of weakness, and improved investor understanding of challenges related to large pharma customers and pipeline restructuring.
The company's implementation of cost-saving initiatives, including a 6% headcount reduction and footprint optimization, is expected to yield $200 million in annualized savings by 2026. However, the company faces continued pricing and mix headwinds in its Discovery and Safety Assessment segment throughout the year.