Tetra Tech price target raised to $219 from $209 at KeyBanc

KeyBanc raised the firm’s price target on Tetra Tech to $219 from $209 and keeps an Overweight rating on the shares. Tetra Tech reported better than expected Q2 EPS and raised guidance higher than the beat, showing strong revenue and margin momentum, the analyst tells investors in a research note. The company plans to hold its inaugural investor day in two weeks, where management will provide drivers behind its revenue growth and margin expansion targets, KeyBanc says.