Lake Street analyst Robert Brown lowered the firm’s price target on NV5 Global to $165 from $175 and keeps a Buy rating on the shares. While Q3 “was as expected,” the Q4 outlook reflects some headwinds in interest-rate sensitive segments, says the analyst, who expects “meaningful progress” on the company’s long-term goals into 2024 and believes “NV5 is on a path to reach its goal of a $1 billion revenue run-rate exiting 2024.”
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Read More on NVEE:
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