Huron price target raised to $130 from $100 at Truist

Truist raised the firm’s price target on Huron to $130 from $100 and keeps a Buy rating on the shares after hosting investor meetings with the company CFO John Kelly. The analyst urges investors to “add aggressively” to Huron positions based on strong market demand, enhanced scale and idiosyncratic market positioning sustaining strong double-digit growth, and EBITDA margin expansion from 12.5% in FY23 to 15% in FY25, with drivers that include pricing and increasing utilization in India from low 60% to 80%.