ICF International upgraded to Market Perform from Underperform at Wells Fargo Wells Fargo upgraded ICF International citing the company's solid Q4 results and better than expected guidance. Wells raised its price target range for shares to $35-$37 from $25-$27.
Government Services upgraded to Market Weight at Wells Fargo Wells Fargo upgraded the Government Services sector to Market Weight from Underweight citing a stable outlook for Federal Funding and an improved pace of award activity. Along with the sector, Wells upgraded Booz Allen (BAH), CACI (CACI), Leidos (LDOS), ManTech (MANT) and NCI, Inc. (NCIT) to Market Perform from Underperform. The firm keeps Market Perform ratings on ICF International (ICFI) and SAIC (SAIC).