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Montrose Environmental price target raised to $31 from $30 at Needham

Needham analyst James Ricchiuti raised the firm’s price target on Montrose Environmental (MEG) to $31 from $30 and keeps a Buy rating on the shares. The company’s impressive Q2 report should go a long way toward addressing lingering investor questions about growth and profitability, the analyst tells investors in a research note.

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