Baird Maintains Outperform on Icon, Lowers Price Target to $340
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Eric Coldwell maintains an Outperform rating on Icon (NASDAQ:ICLR) but lowers the price target from $368 to $340.
September 20, 2024 | 11:11 am
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Baird analyst Eric Coldwell continues to rate Icon (NASDAQ:ICLR) as Outperform, indicating confidence in the company's performance, but has adjusted the price target downwards from $368 to $340.
The Outperform rating suggests continued positive sentiment towards Icon, but the lowered price target reflects a more cautious outlook on its valuation. This mixed signal may result in a neutral short-term impact on the stock price.
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