Labcorp Holdings Inc
LH: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Jkl | LOCK|C%K& | LOCK|W?sKbNsX |
Labcorp's Narrow Economic Moat Remains Strong, in Our View
Business Strategy and Outlook
As a leading independent diagnostic laboratory, Labcorp participates in a highly attractive duopoly that offers favorable prospects as healthcare moves toward reformed payment models, another reprieve from scheduled PAMA cuts to Medicare reimbursement, and potentially positive M&A opportunities remain plentiful.
