BUZZ-Labcorp falls; decade-long CFO to retire

Reuters
2024-11-19

** Shares of laboratory services provider Labcorp Holdings

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;))

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