Wells Fargo Maintains Overweight on Booz Allen Hamilton, Lowers Price Target to $126
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Matthew Akers has maintained an Overweight rating on Booz Allen Hamilton (NYSE:BAH) but lowered the price target from $140 to $126.

September 18, 2023 | 1:07 pm
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Booz Allen Hamilton's price target has been lowered by Wells Fargo from $140 to $126, though the Overweight rating is maintained.
The lowering of the price target by Wells Fargo could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained Overweight rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
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