Truist raised the firm’s price target on ICF International to $168 from $148 and keeps a Buy rating on the shares after its Q4 earnings beat. The company’s momentum is gathering steam, though lower pass-through revenue and small business impacted the quarter and restrains the firm’s modeled growth in the first half, the analyst tells investors in a research note. Truist adds however that its price target increase reflects higher market multiples in Government Services.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on ICFI: