UBS Maintains Buy on KBR, Raises Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Steven Fisher maintains a Buy rating on KBR (NYSE:KBR) and raises the price target from $68 to $77.
May 14, 2024 | 2:54 pm
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UBS analyst Steven Fisher reaffirmed a Buy rating on KBR and increased the price target to $77 from $68, indicating a positive outlook on the stock.
The upgrade in the price target by a reputable analyst such as Steven Fisher from UBS typically signals a strong conviction in the company's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100