Tetra Tech (TTEK) Tops Q2 EPS by 2c

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Go back to Tetra Tech (TTEK) Tops Q2 EPS by 2c

FBR Capital Downgrades Tetra Tech (TTEK) to Market Perform

April 29, 2016 6:28 AM EDT

FBR Capital downgraded Tetra Tech (NASDAQ: TTEK) from Outperform to Market Perform with a price target of $32.00.

Analyst Alex Rygie commented, "On April 27, after the close, Tetra Tech announced F2Q16 results that were mostly in line with our and consensus expectations. On an adjusted basis, EBITDA totaled $46M (+9% YOY) with EPS of $0.37 (vs.... More