Jefferies Maintains Buy on Parsons Corp, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Sheila Kahyaoglu has maintained a Buy rating on Parsons Corp (NYSE:PSN) and increased the price target from $75 to $80.
November 16, 2023 | 7:35 pm
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Jefferies analyst reaffirms a Buy rating on Parsons Corp and raises the price target to $80, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100