Truist raised the firm’s price target on ICF International (ICFI) to $180 from $155 but keeps a Hold rating on the shares. The company reported mixed Q3 results and lowered 2024 revenue guidance below consensus while increasing the adjusted EPS outlook, though the firm continues to see elevated headline risk in the near-term for what is the most politically sensitive name in its government services coverage, the analyst tells investors in a research note.
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Read More on ICFI:
- ICF International Reports Robust Q3 2024 Growth
- ICF International reports Q3 non-GAAP EPS $2.13, consensus $1.77
- ICF International raises 2024 ajdusted EPS view to $7.40-$7.50 from $6.95-$7.25
- Icf International (ICFI) Q3 Earnings Cheat Sheet
- ICF International awarded BPA by EPA Office of Water
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