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Montrose Environmental price target raised to $36 from $34 at Clear Street

Clear Street analyst Tim Moore raised the firm’s price target on Montrose Environmental (MEG) to $36 from $34 and keeps a Buy rating on the shares. The company reported a strong Q2 and upped its outlook, the analyst tells investors in a research note. The firm cites Montrose’s higher organic sales growth profile and EBITDA margin for the target increase.

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