KeyBanc raised the firm’s price target on Tetra Tech to $234 from $231 and keeps an Overweight rating on the shares ahead of KBCM’s Industrials and Basic Materials Conference. The firm notes Tetra Tech’s core end markets of water, environment, and sustainable infrastructure are growing at a 13% CAGR through 2030, while Tetra Tech long-term targets are only calling for 6%-10% organic growth.
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