Charles River Associates price target raised to $186 from $151 at Barrington

Barrington raised the firm’s price target on Charles River Associates to $186 from $151 and keeps an Outperform rating on the shares. The analyst increased estimates following the Q1 beat. Along with its reiteration of guidance, management noted that the company is trending toward financial performance that would be in the upper halves of the fiscal 2024 revenue and margin guidance ranges, the analyst tells investors in a research note.