Icon price target lowered to $155 from $165 at Barclays

Barclays lowered the firm’s price target on Icon (ICLR) to $155 from $165 and keeps an Equal Weight rating on the shares. The company’s “mixed outlook” for bookings and uncertainty “remains at peak levels,” the analyst tells investors in a research note. Th firm says it will take time to get a sense on improving bookings and stabilizing burn-rates before investors can gain comfort in a return to growth in Icon’s out-years.