Barrington analyst Kevin Steinke raised the firm’s price target on Charles River Associates to $194 from $186 and keeps an Outperform rating on the shares after Q2 results exceed expectations and FY24 guidance was raised. The stock declined 13% on the day of the Q2 report, notes the analyst, who calls this pullback “a misguided reaction to strong financial performance and the raised FY/24 outlook.”
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