Stifel Maintains Buy on Parsons Corp, Raises Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Bert Subin has reaffirmed a Buy rating on Parsons Corp (NYSE:PSN) and increased the price target from $70 to $73, indicating a positive outlook on the company's stock.
November 17, 2023 | 7:03 pm
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POSITIVE IMPACT
Stifel analyst Bert Subin maintains a Buy rating on Parsons Corp and raises the price target from $70 to $73, suggesting confidence in the company's future performance.
The increase in price target by Stifel reflects a positive assessment of Parsons Corp's prospects, which is likely to be viewed favorably by investors. This endorsement from a reputable analyst could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100