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.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100