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Fly News Breaks for August 6, 2018
TTEK
Aug 6, 2018 | 08:29 EDT
Roth Capital analyst Gerry Sweeney raised his price target for Tetra Tech to $73 from $59 as the company exceeded estimates and raised guidance for the third straight quarter driven by growth across all customer segments. The analyst anticipates strength continuing into the Q4 and Q1 2019 driven by increasing funded orders from the Federal government, and highly positive economic conditions supporting both Commercial and International areas. Sweeney reiterates a Buy rating on the shares.
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