BMO Capital analyst Sean Dodge lowered the firm’s price target on Icon (ICLR) to $100 from $175 and keeps a Market Perform rating on the shares. The firm cites the company delaying its Q4 earnings release until at the latest April 30 and withdrawing previous 2025 guidance, stemming from preliminary findings of an internal audit indicating it may have overstated 2023 and 2024 revenue, the analyst tells investors in a research note.
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