Labcorp falls; decade-long CFO to retire

Labcorp Holdings

19/11/2024 13:23

** Shares of laboratory services provider Labcorp Holdings
 LH.N  fall 1.7% to $234.49 premarket
    ** Co says Julia Wang to succeed Glenn Eisenberg as chief
financial officer, effective Dec. 2, as incumbent retires after
more than a decade in the position
    ** Wang most recently served as CFO at biotech firm BeiGene,
and has previously worked at Alexion Pharmaceuticals and Johnson
& Johnson
    ** 14 of 19 brokerages rate the stock "buy" or higher and 5
"hold; their median PT is $262 - LSEG
    ** As of last close, stock up ~5% YTD

 (Reporting by Kamal Choudhury in Bengaluru)
 ((Kamal.Choudhury@thomsonreuters.com;))