Keybanc Maintains Overweight on Parsons, Raises Price Target to $116
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Sangita Jain maintains an Overweight rating on Parsons (NYSE:PSN) and raises the price target from $99 to $116.
October 08, 2024 | 11:48 am
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Keybanc analyst Sangita Jain has increased the price target for Parsons from $99 to $116 while maintaining an Overweight rating, indicating a positive outlook for the stock.
The increase in price target from $99 to $116 by Keybanc, along with maintaining an Overweight rating, suggests a positive sentiment from the analyst. This is likely to boost investor confidence and potentially lead to a short-term increase in Parsons' stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100