Keybanc Maintains Overweight on Tetra Tech, Lowers Price Target to $41
Keybanc analyst Sangita Jain maintains Tetra Tech (NASDAQ:TTEK) with a Overweight and lowers the price target from $43 to $41.
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RBC Capital analyst Sabahat Khan maintains Tetra Tech (NASDAQ:TTEK) with a Outperform and lowers the price target from $46 to $44.
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Keybanc analyst Sangita Jain maintains Tetra Tech (NASDAQ:TTEK) with a Overweight and lowers the price target from $43 to $41.
CECO Environmental Corp. is experiencing strong momentum in its Industrial Process Solutions segment with Q2 2026 revenues up 8.4% YoY to $61.7M and orders surging 81% YoY to $90.3M. The company raised its 2026 revenue guidance to $1.300-$1.375B and reported a $1.82B backlog (up 129.4% from year-end 2025), providing strong visibility for future quarters. However, CECO trades at a premium valuation of 23.84X forward P/E versus the industry average of 19.80X.
Board of Directors approved an additional $500 million share repurchase authorization. This more than doubles the amount remaining under the Company’s existing share repurchase program at the end of the third quarter of