Barrington Research Maintains Outperform Rating for ICF International: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Barrington Research has maintained its Outperform rating for ICF International (NASDAQ:ICFI) and increased its price target from $145.00 to $173.00. The current share price is $155.83, and reaching the target would represent an 11.02% increase. ICF International offers professional services and technology solutions primarily to U.S. federal government departments and agencies, focusing on Energy, Environment, Infrastructure, Disaster Recovery, Health, Social Programs, and Security.
March 04, 2024 | 5:00 pm
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Barrington Research maintains Outperform rating for ICF International, raising price target from $145 to $173. Current price is $155.83, indicating a potential 11.02% increase.
The maintenance of an Outperform rating and the increase in price target by Barrington Research are strong positive signals for ICF International. Given the company's focus on providing services to U.S. federal government departments and agencies, this endorsement could lead to increased investor confidence and a potential rise in stock price to meet the new target. The analysis is based on the firm's expertise and the company's solid positioning in its market segments.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100