Quest Diagnostics upgraded to overweight from equal weight at Morgan Stanley

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Quest Diagnostics profit climbs 8.2%

Quest Diagnostics Inc. DGX on Thursday reported an 8.2% increase in its first-quarter net income and backed its full-year earnings outlook. The Madison, N.J.-based laboratory-testing company earned a quarterly profit of $177 million, or $1.27 a diluted share, compared with $164 million, or $1.16 a share, for the same period last year.

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