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Tetra Tech (TTEK) Receives a Buy from RBC Capital

Tipranks - Tipranks - Wed Jan 7, 8:00PM CST

In a report released on January 5, Sabahat Khan from RBC Capital maintained a Buy rating on Tetra Tech, with a price target of $48.00. The company’s shares closed yesterday at $34.93.

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According to TipRanks, Khan is a 4-star analyst with an average return of 7.8% and a 53.56% success rate. Khan covers the Industrials sector, focusing on stocks such as AtkinsRealis, Aecon Group Inc., and Aecom Technology.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tetra Tech with a $44.50 average price target.

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Based on Tetra Tech’s latest earnings release for the quarter ending September 28, the company reported a quarterly revenue of $1.33 billion and a net profit of $127.75 million. In comparison, last year the company earned a revenue of $1.14 billion and had a net profit of $96.15 million

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