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Fly News Breaks for June 1, 2018
ICLR
Jun 1, 2018 | 08:41 EDT
Jefferies analyst David Windley raised his price target for Icon to $150 after spending time with management. The company emphasized that the demand environment is very strong currently, Windley tells investors in a research note. Management noted that consistently high book-to-bills outside of its top client have pushed revenue growth from that group into the teens, the analyst adds. He keeps a Buy rating on Icon shares.