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Fly News Breaks for August 30, 2017
ICFI
Aug 30, 2017 | 08:21 EDT
Loop Capital analyst Joseph Vafi said he sees it as likely that ICF International's expertise in disaster recovery services "could return to the spotlight" in the wake of Hurricane Harvey, adding that since its expertise is more in the recovery phase than in up-front response-related activities, post-Harvey opportunities are likely at least six months away for ICF. The analyst, who believes the cost of Harvey recovery "could dwarf that post Katrina," has a Buy rating and $65 price target on ICF International shares.
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