JP Morgan Maintains Overweight on Huntington Ingalls Indus, Raises Price Target to $295
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Seth Seifman maintains an Overweight rating on Huntington Ingalls Industries (HII) and raises the price target from $288 to $295.
March 21, 2024 | 1:59 pm
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POSITIVE IMPACT
JP Morgan analyst Seth Seifman maintains an Overweight rating on Huntington Ingalls Industries and raises the price target from $288 to $295.
The increase in price target by a reputable analyst like Seth Seifman from JP Morgan is a strong positive signal for HII. It suggests confidence in the company's future performance and potential for stock price appreciation. This is likely to be viewed positively by investors, potentially leading to a short-term increase in HII's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100