NasdaqGS:CECOCommercial Services
CECO Environmental (CECO): Examining Valuation After Earnings Beat and Upgraded Analyst Targets
If you are looking at CECO Environmental (CECO) today, you are probably asking yourself what comes next after its impressive second-quarter earnings beat. The company’s revenue not only rose compared to a year ago, but adjusted earnings per share also came in higher than analysts projected. On top of that, the upbeat results prompted analysts from H.C. Wainwright and Needham to boost their outlook on the stock, keeping their Buy ratings intact. This move has clearly fueled more optimism among...