In a report released today, David Windley from Jefferies maintained a Buy rating on Icon (ICLR – Research Report), with a price target of $290.00. The company’s shares closed yesterday at $221.73.
Barclays lowered the firm’s price target on Icon (ICLR) to $275 from $330 and keeps an Overweight rating on the shares. The firm recommends buying the post-earnings “overreaction” in the stock.
The iCon Group, a beauty and supplementary products company, has become a hot topic in Thailand due to its suspicious business model, which appears to resemble a Ponzi scheme. The company reportedly ...