Fly News Breaks for June 21, 2018
HCKT
Jun 21, 2018 | 08:58 EDT
Barrington analyst Vincent Colicchio says Hackett Group shares, trading at a 40% discount to the peer group average, offer an attractive entry point. He expects revenue and non-GAAP earnings growth of 5% and 11% in 2018, respectively, better than growth of 1% and 6% in 2017 on an improvement in the Oracle business and a greater intellectual property contribution. The analyst keeps an Outperform rating on Hackett Group with a $22 price target.
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