Deutsche Bank Initiates Coverage On Huntington Ingalls Indus with Hold Rating, Announces Price Target of $217
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Scott Deuschle has initiated coverage on Huntington Ingalls Industries (NYSE:HII) with a Hold rating and a price target of $217.
September 28, 2023 | 8:43 am
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Deutsche Bank has initiated coverage on Huntington Ingalls Industries with a Hold rating and a price target of $217.
The Hold rating from Deutsche Bank suggests that the bank sees the stock as fairly valued at current levels. The price target of $217 indicates where the bank believes the stock will trade in the near future. This news is highly relevant to HII as it directly pertains to the company's stock. The importance is high as analyst ratings can influence investor sentiment and stock price. The confidence in this analysis is high as it is based on the direct statements from the Deutsche Bank analyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100