Kevin Steinke, an analyst from Barrington, reiterated the Buy rating on Cra International. The associated price target remains the same with $239.00.
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Kevin Steinke has given his Buy rating due to a combination of factors that highlight CRA International’s strong market position and growth potential. The company is recognized as a leading firm in legal and regulatory consulting, which constitutes a significant portion of its revenue. This position is bolstered by its Antitrust & Competition Economics practice, which has consistently delivered record-breaking revenue figures and is involved in high-profile antitrust cases and M&A transactions.
Additionally, CRA International benefits from a favorable demand environment, with sustained regulatory scrutiny in both the U.S. and Europe driving demand for its services. The firm’s collaborations with major U.S. law firms and the increased activity in the federal court system further underscore the robust demand for its offerings. These factors, combined with the company’s upward revision of its revenue guidance for fiscal year 2025, support Kevin Steinke’s positive outlook and Buy rating for CRA International’s stock.
In another report released on November 18, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $190.00 price target.