TD Cowen analyst Shaul Eyal raised the firm’s price target on BigBear.ai to $3 from $2 and keeps a Market Perform rating on the shares. The company reported solid Q4 results, highlighted by a second consecutive quarter of positive EBITDA, the analyst tells investors in a research note. The firm says that with Pangiam, BigBear.ai has assembled an “advanced Vision AI arsenal and established a rising force in the national security, supply chain management, and digital identity domains.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on BBAI: