Truist Securities Maintains Hold on Booz Allen Hamilton, Raises Price Target to $120
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Tobey Sommer has maintained a 'Hold' rating on Booz Allen Hamilton (NYSE:BAH) and raised the price target from $106 to $120.
July 31, 2023 | 2:53 pm
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NEUTRAL IMPACT
Booz Allen Hamilton's price target has been raised from $106 to $120 by Truist Securities, while maintaining a 'Hold' rating.
The news of Truist Securities raising the price target for Booz Allen Hamilton while maintaining a 'Hold' rating is directly relevant to the company. This could indicate a positive outlook for the company's stock, but the 'Hold' rating suggests that the stock is fairly valued at the moment. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100