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Explain this story: Charles River Laboratories stock trades near a yearly high as targets rise
Charles River Laboratories (CRL) stock is trading near its 52-week high despite a reported decline in Q2 revenue and a GAAP net loss. Several analysts, including Mizuho, JPMorgan, TD Cowen, and Robert W. Baird, have raised their price targets for CRL, indicating confidence in its long-term prospects. The company has also reaffirmed its 2026 organic revenue growth guidance and increased its non-GAAP EPS outlook, while projecting significant savings and growth for 2027-2030.
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Charles River Laboratories (CRL) stock is trading near its 52-week high despite a reported decline in Q2 revenue and a GAAP net loss. Several analysts, including Mizuho, JPMorgan, TD Cowen, and Robert W. Baird, have raised their price targets for CRL, indicating confidence in its long-term prospects. The company has also reaffirmed its 2026 organic revenue growth guidance and increased its non-GAAP EPS outlook, while projecting significant savings and growth for 2027-2030.
Published Sep 29, 2026, 04:48 ET · on this site +1h 55m