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TTEK

Tetra Tech

$36.57

0.3 (0.83%)

09:02
10/11/16
10/11
09:02
10/11/16
09:02

Tetra Tech awarded $29M contract by USAID

Tetra Tech announced that the U.S. Agency for International Development has awarded the company a $29M, single-award contract to establish improved water supply, sanitation, and hygiene in priority countries within sub-Saharan Africa and Southeast Asia. Under the five-year Water, Sanitation, and Hygiene Partnerships and Learnings for Sustainability project, Tetra Tech will work with USAID's Global Health Bureau to increase access to clean water and promote improved sanitation behaviors in rural areas.

TTEK Tetra Tech
$36.57

0.3 (0.83%)

04/29/16
04/29/16
DOWNGRADE
Target $32

Market Perform
Tetra Tech downgraded to Market Perform from Outperform at FBR Capital
FBR Capital analyst Alex Rygiel downgraded Tetra Tech to Market Perform saying the valuation looks full following the company's Q2 results. The analyst has a $32 price target for the shares.
05/31/16
ADAM
05/31/16
UPGRADE
Target $37
ADAM
Buy
Tetra Tech upgraded to Buy from Hold at Canaccord
Canaccord upgraded Tetra Tech to Buy from Hold as they have a high conviction regarding several positive catalysts, including a successful integration of its Coffey acquisition, backlog growth from Department of Defense spending, and long-term opportunities for smart water. Canaccord raised its price target to $37 from $30 on Tetra Tech shares.
10/07/16
BOSC
10/07/16
INITIATION
Target $50
BOSC
Outperform
Tetra Tech initiated with an Outperform at Boenning & Scattergood
Boenning & Scattergood initiated Tetra Tech with an Outperform and a $50 price target.
10/07/16
BOSC
10/07/16
INITIATION
Target $50
BOSC
Outperform
Tetra Tech initiated with an Outperform at Boenning & Scattergood
Boenning & Scattergood analyst Ryan Connors initiated Tetra Tech with an Outperform and a $50 price target. Connors said Tetra has a reputation as a premier player in its target verticals, and is benefiting from numerous growth drivers that should provide sustained top-line tailwinds. In addition, improved labor utilization provides the opportunity for margin expansion, setting the stage for bottom-line leverage, the analyst wrote.

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