Needham Cuts Montrose Environmental Price Target By ~29%
Needham analyst James Ricchiuti lowered the price target on Montrose Environmental Group Inc (NYSE:MEG) to $60 (an upside of 48.7%) from $84 and maintained a Buy rating on the shares after the company reported quarterly results. Ricchiuti noted while the CTEH business is expected to return to a more normalized $100 million level in 2022…
Benzinga ·