RMD News: Quest Diagnostics (DGX) Gains From New M&As Amid Competition - 22nd Jun 2024, 1:06am

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Quest Diagnostics DGX is gaining from strong customer relationships, broad health plan access and advanced diagnostics offerings. The robust M&A landscape is highly promising. However, declining testing revenues and competitive pressure in the industry appear challenging for the company’s operations. The stock carries a Zacks Rank #3 (Hold) currently.

Quest Diagnostics has been experiencing robust volume growth in its core business on increased demand for its services, driven by collaborat...

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