Amentum Holdings, Inc. ( (AMTM) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Amentum Holdings, Inc. has experienced a stock price decline primarily due to J.P. Morgan’s analyst Seth Seifman rating the company as Hold. This rating stems from the company’s limited growth and margin opportunities, largely because of its dependence on U.S. government contracts. Although there is potential in its nuclear power segment, it is not sufficient to significantly alter the company’s valuation. Consequently, J.P. Morgan has set a price target of $30 by December 2026, reflecting a Neutral outlook.
More about Amentum Holdings, Inc.
YTD Price Performance: 16.57%
Average Trading Volume: 1,668,742
Technical Sentiment Signal: Strong Buy
Current Market Cap: $6.14B
For further insights into AMTM stock on TipRanks’ Stock Analysis page.
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