Willdan Group price target raised to $30 from $25 at Wedbush

Wedbush raised the firm’s price target on Willdan Group to $30 from $25 and keeps an Outperform rating on the shares. Willdan reported “blowout” Q4 results, while providing conservative CY24 guidance, and Wedbush believes recent deal flow and pipeline conversion will ultimately result in strong net revenue growth throughout CY24, the analyst tells investors in a research note.