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Fly News Breaks for August 4, 2017
TTEK
Aug 4, 2017 | 09:12 EDT
Roth Capital analyst Gerry Sweeney noted that oil related headwinds will likely continue to impact Tetra Tech estimates into 2018, though he thinks this week's 12% pullback in the stock provides an "opportunistic" entry point given the company's record backlog and overall cash flow generation. Sweeney lowered his target on Tetra Tech to $50 from $52, but maintains a Buy rating on the shares.
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