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Medidata +7.4% on Morgan Stanley launch

Sep. 04, 2014 10:21 AM ETMedidata Solutions, Inc. (MDSO) StockMDSOBy: Eric Jhonsa, SA News Editor
  • Morgan Stanley has launched coverage on Medidata (NASDAQ:MDSO) with an Overweight and $56 target.
  • Shares of the cloud clinical data software provider are above $50 for the first time since April. They jumped in late July in response to a Q2 revenue beat and solid guidance.

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Medidata Solutions, Inc.