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Fly News Breaks for June 19, 2018
ICLR
Jun 19, 2018 | 08:32 EDT
Credit Suisse analyst Erin Wilson Wright raised her price target for Icon to $144 from $131 to reflect continuing momentum in revenue and bookings trends, and greater conviction in the company's long term prospects and continuing market share gains, evident in recent quarterly reports. With a strong balance sheet, incremental capital deployment opportunities should also supplement growth, she contends. The analyst reiterates an Outperform rating on the shares.
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