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BigBear.ai price target lowered to $3 from $5 at H.C. Wainwright

H.C. Wainwright lowered the firm’s price target on BigBear.ai to $3 from $5 and keeps a Buy rating on the shares. The company reported a Q2 revenue miss as contract delays push sales out and the reduced outlook is likely to pressure the shares, the analyst tells investors in a research note.

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