Truist cuts FTI Consulting stock price target on modest demand
Truist Securities reduced its price target for FTI Consulting (NYSE:FCN) to $158 from $180, citing modest demand and slowing M&A activity. The stock trades at $157.59 with a P/E ratio of 19.06. Despite the cut, InvestingPro notes FCN is undervalued. Q2 revenue was $993.5M, missing estimates, with adjusted EPS of $2.16. Management maintained 2026 revenue outlook but revised GAAP EPS guidance.


