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-0.00214435516176914 -0.00282772109244289 -0.000636237245799613 -0.00143742488865851 -0.00150811791596952 -0.00404128472794961 -0.00384098781723495 -0.00464217546009372
Stock impact report

Labcorp's (LH) Strategic Alliances Aid Amid Macroeconomic Woes [Yahoo! Finance]

Laboratory Corporation of America Holdings (LH) 
Last laboratory corporation of america holdings earnings: 4/29 06:53 am Check Earnings Report
Company Research Source: Yahoo! Finance
Investment in targeted high-growth areas should continue to drive the momentum. However, the company faces headwinds from severely declining COVID-19-related demand and competitive pressure in the industry. The stock carries a Zacks Rank #3 (Hold) currently. In its efforts to expand further, Labcorp is focusing more on key growth areas such as oncology, women's health, autoimmune disease and neurology. The company's ability to develop, license and ultimately scale specialty testing, including companion diagnostics, can be pivotal in driving near-term growth. Developing specialty tests and companion diagnostics establishes Labcorp as an attractive partner to health systems and biopharma companies, as they develop more therapies in the highest specialty areas. In addition, the company is well-positioned for long-term success in Cell & Gene Therapy, expanding into the consumer market and international growth through specialty testing and biopharma business. In May 2023, the company Show less Read more
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