ICON stock sinks nearly 8% after Truist downgrade puts 2026 outlook in the spotlight
New York, Jan 8, 2026, 14:50 ET — Regular session ICON Public Limited Company shares fell sharply on Thursday, sliding $16.09, or about 7.9%, to $186.83 in afternoon trading after a Truist Securities downgrade knocked sentiment. Truist cut ICON to “hold” from “buy” and lowered its price target to $222 from $231, according to reports of the note. GuruFocus The timing matters because ICON is nearing the point where it has to put numbers around 2026. In a Form 6-K dated Wednesday, the contract research group said it intends to issue full-year 2026 guidance alongside its fourth-quarter and full-year 2025
