Barrington raised the firm’s price target on Charles River Associates (CRAI) to $212 from $194 and keeps an Outperform rating on the shares, citing an increase to the firm’s non-GAAP EBITDA forecast and a slight increase in its valuation multiple after the company’s “strong” Q3 report and 2024 guidance reiteration.
Don't Miss out on Research Tools:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRAI: