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Fly News Breaks for September 28, 2018
ICFI
Sep 28, 2018 | 06:16 EDT
Loop Capital analyst Joseph Vafi kept his Buy rating and $89 price target on ICF International, saying that his recent meetings with its management increased his confidence in the prospects of the company's consulting services portfolio. The analyst notes that he expects ICF to have a "material earnings ramp" over the next few quarters and for the "tempo of disaster relief-related opportunities" to accelerate. Outside disaster relieve, Vafi adds that he is "positive on some of ICF's core end markets, including energy efficiency, health, and digital marketing".
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