Wedbush Downgrades Tetra Tech (TTEK) to Neutral; 'Upside Appears Muted' Says Analyst

Wedbush downgraded Tetra Tech (NASDAQ: TTEK) from Outperform to Neutral with a price target of $29.00 (from $32.00).

Analyst David L. Rose said, "Following the recent quarter’s results, we feel less comfortable with the consistency in the business, and believe the growth trajectory will likely be more uneven than we have anticipated. Consequently, we are downgrading to NEUTRAL as we see the upside/downside risk as about even."

For an analyst ratings summary and ratings history on Tetra Tech click here. For more ratings news on Tetra Tech click here.

Shares of Tetra Tech closed at $27.46 yesterday.

You May Also Be Interested In

• Onto Innovation Inc. (ONTO) PT Raised to $450 at Oppenheimer
• Cantor Fitzgerald Starts Adlai Nortye Ltd. (ANL) at Overweight
• Lucid Capital Markets Starts Hut 8 Mining Corp. (HUT) at Buy