Charles River Associates price target raised to $212 from $194 at Barrington

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.