Canaccord analyst Joseph Vafi lowered the firm’s price target on ICF International (ICFI) to $90 from $100 and keeps a Hold rating on the shares. The firm said they posted a steady Q1 result and a reiterated 2025 guide. As a reminder, 2025 guidance at the low end contemplates a revenue contraction of 10% and remains a floor to the business this year, per management’s guidance.
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Read More on ICFI:
- ICF International’s Earnings Call: Growth Amid Federal Challenges
- ICF International: Positioned for Growth Amidst Uncertainties with Strong Commercial Energy Performance and Federal Contract Wins
- ICF International Reports Strong Q1 2025 Results
- ICF International reaffirms FY25 non-GAAP EPS view flat-down 10%
- ICF International reports Q1 EPS $1.94, consensus $1.73
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