BigBear.ai price target raised to $3 from $2 at TD Cowen

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.”