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Medidata Solutions Inc. (NASDAQ:MDSO) has been upgraded from Neutral to Buy in a statement by Suntrust Robinson earlier today.

Having a price of $55.80, Medidata Solutions Inc. (NASDAQ:MDSO) traded 4.71% higher on the day. With the last close up 11.10% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.06% over the same period. MDSO has recorded a 50-day average of $50.85 and a two hundred day average of $52.59. Trade Volume was up over the average, with 1,303,133 shares of MDSO changing hands over the typical 476,894

Suntrust Robinson has upgraded Medidata Solutions Inc. (NASDAQ:MDSO) from Neutral to Buy in a statement released on 2/10/2017.

Recent Performance Chart

Medidata Solutions Inc. (NASDAQ:MDSO)

Medidata Solutions Inc. has PE ratio of 133.40 with a one year low of $32.87 and a one year high of $58.77 and has a market capitalization of $0.

A total of 11 analysts have released a report on Medidata Solutions Inc.. Two analysts rating the company a strong buy, seven analysts rating the company a buy, two analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $49.27.

General Company Details For Medidata Solutions Inc. (NASDAQ:MDSO)

Medidata Solutions Inc. (Medidata) is a provider of cloud-based solutions for life sciences. The Company provides cloud-based solutions for clinical research in life sciences, offering platform technology that focuses on the clinical development. The Medidata Clinical Cloud provides a platform of technology and data analytics solutions designed to manage activities across clinical development. Its Planning Cloud provides capabilities for study design and planning, enabling customers to make use of resources through planning at the start of trial design and protocol development. Specific functionality supports visibility into the impact of protocol elements on resource and trial endpoints; comparisons to specific industry benchmarks, and analytics to support appropriate grants to investigator sites and automated negotiations with multiple investigator sites. Data Capture Cloud is Medidata's electronic data capture (EDC) and its management system solution is Medidata Rave.

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