Tetra Tech (TTEK) Receives a Hold from Robert W. Baird


In a report released today, Andrew Wittmann from Robert W. Baird reiterated a Hold rating on Tetra Tech (NASDAQ: TTEK), with a price target of $63. The company’s shares opened today at $65, close to its 52-week high of $66.70.

According to TipRanks.com, Wittmann is a 4-star analyst with an average return of 7.0% and a 66.2% success rate. Wittmann covers the Basic Materials sector, focusing on stocks such as Aecom Technology Corp, Jacobs Engineering, and Quanta Services.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tetra Tech with a $64 average price target.

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Based on Tetra Tech’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $33.32 million. In comparison, last year the company had a net profit of $29.98 million.

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Tetra Tech, Inc. engages in the provision of consulting and engineering services. It operates through the following segments: Water, Environment and Infrastructure (WEI); Resource Management and Energy (RME); and Remediation and Construction Management (RCM).

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