RBC Capital analyst Sabahat Khan lowered the firm’s price target on Tetra Tech (TTEK) to $47 from $48 and keeps an Outperform rating on the shares after meeting with its management team. Discussion topics included the expected evolution of the demand backdrop, puts/takes for FY26, views on FY30 guidance metrics, and capital allocation, and the firm believes that the company is well positioned to deliver on its FY30 top-line and margin targets, the analyst tells investors in a research note.
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