Montrose Environmental (MEG) Misses Q4 EPS by 13c

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Montrose Environmental Group (MEG) PT Lowered to $60 at Needham & Company

March 1, 2022 3:50 PM EST

Needham & Company analyst James Ricchiuti lowered the price target on Montrose Environmental Group (NYSE: MEG) to $60.00 (from $84.00) while maintaining a Buy rating.

The analyst commented, "MEG posted in-line adj. EBITDA for Q4, closing out 2021 with a performance that benefited from the unusually strong... More