A Closer Look at 5 Analyst Recommendations For Parsons
Portfolio Pulse from Benzinga Insights
In the last three months, analysts have shown a positive outlook on Parsons (NYSE:PSN), with recent upgrades in ratings and price targets. The average 12-month price target has increased by 17.71% to $105.0. Parsons has demonstrated strong revenue growth and profitability, though it faces challenges in ROE and ROA.
October 08, 2024 | 12:00 pm
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Analysts have shown a positive outlook on Parsons with recent upgrades in ratings and price targets. The average 12-month price target has increased by 17.71% to $105.0. Parsons has demonstrated strong revenue growth and profitability, though it faces challenges in ROE and ROA.
The article highlights a positive shift in analyst sentiment towards Parsons, with several analysts raising their ratings and price targets. The increase in the average price target suggests a bullish outlook. Additionally, Parsons's strong revenue growth and profitability metrics support a positive short-term impact on its stock price, despite some challenges in ROE and ROA.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100