Truist Securities Upgrades Parsons Corp to Buy, Raises Price Target to $60
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Tobey Sommer has upgraded Parsons Corp (NYSE:PSN) from Hold to Buy and raised the price target from $50 to $60.
July 28, 2023 | 11:15 am
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Parsons Corp has been upgraded from Hold to Buy by Truist Securities, with a raised price target from $50 to $60.
The upgrade from Hold to Buy indicates a positive outlook for Parsons Corp by Truist Securities. The raised price target from $50 to $60 suggests that the analyst believes the stock has potential for significant growth in the short term. This could lead to increased investor interest and a potential rise in the stock's price.
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IMPORTANCE 80
RELEVANCE 100