Citigroup Maintains Buy on KBR, Raises Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Andrew Kaplowitz has reaffirmed a Buy rating on KBR, Inc. (NYSE:KBR) and increased the price target from $62 to $67, indicating a positive outlook on the company's stock.
January 26, 2024 | 3:00 pm
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Citigroup analyst Andrew Kaplowitz maintains a Buy rating on KBR and raises the price target from $62 to $67, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst like Andrew Kaplowitz typically signals a strong conviction in the company's growth prospects and financial health. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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IMPORTANCE 85
RELEVANCE 100