Goldman Sachs Maintains Neutral on Parsons Corp, Raises Price Target to $81
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Gavin Parsons maintains a Neutral rating on Parsons Corp (NYSE:PSN) and raises the price target from $73 to $81.

April 16, 2024 | 1:48 pm
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Goldman Sachs maintains a Neutral rating on Parsons Corp but raises the price target from $73 to $81.
The increase in price target by Goldman Sachs suggests a positive outlook on the stock's future performance, potentially leading to increased investor interest and a short-term positive impact on the stock price. However, the Neutral rating indicates that the analyst believes the stock is fairly valued at its current price, balancing the potential for both upside and downside.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100