LH Price Prediction Next Week
Based on the provided data and technical analysis, here is the price prediction for LH (Labcorp) for next week:
Technical Analysis
- Current price: $248.00
- Fibonacci levels show key resistance at $255.93 and $259.47
- RSI(14) at 56.84 indicates neutral momentum
- MACD at 3.79 shows positive momentum
- 20-day SMA at $243.81 and 200-day SMA at $220.56 indicate an overall uptrend
News Sentiment Analysis
- Multiple analysts have raised price targets recently:
- Jefferies: $290 (from $275)
- Truist Financial: $285
- Baird: $293 (from $291)
- Q4 2024 results exceeded expectations with EPS of $3.45 vs $3.39 consensus
- Strong 2025 guidance with:
- Sales growth of 6.5-7.7% in Diagnostics
- Sales growth of 3.0-5.0% in Biopharma Services
- Adjusted EPS guidance of $15.60-$16.40
Price Prediction for Next Week Based on technical indicators and positive analyst sentiment:
- Support levels: $244.47, $240.93
- Resistance levels: $255.93, $259.47
- Target price: $255-257 range
Recommendation: BUY
- Strong fundamentals with beating earnings expectations
- Multiple analyst upgrades
- Technical indicators showing upward momentum
- Price likely to test first resistance at $255.93
- Set stop loss at $240.93 (Fibonacci S2 level)
LH Similar Chart Price Prediction
The price of LH is predicted to go up -11.82%, based on the high correlation periods with BOC. The similarity of these two price pattern on the periods is 98.72%.
LH
BOC
Down: -11.82%Similarity: 98.72%
LH Revenue Forecast
LH EPS Forecast
LH FAQs
What is bull’s view on LH?
What is bear's view on LH?
What is LH revenue forecast for next quarter？
What is LH eps forecast for next quarter？
LH Analyst's Forecast
David Westenberg
Piper Sandler
Hold
2025-02-10
Price Target
$240 → $260
Upside
+6.09%
Piper Sandler raised the firm's price target on Labcorp to $260 from $240 following quarterly results. The firm keeps a Neutral rating on the shares.
Tycho Peterson
Jefferies
Strong Buy
2025-02-06
Price Target
$275 → $290
Upside
+17.06%
Elizabeth Anderson
Evercore ISI Group
Hold → Buy
2025-01-07
Price Target
$260 → $265
Upside
+12.72%
