Jefferies analyst Sheila Kahyaoglu raised the firm’s price target on Booz Allen to $185 from $180 and keeps a Buy rating on the shares. The firm forecasts 9% organic growth in FY25 after the “solid” 14% reported in FY24, adding that flat margins of 11.0% would put EBITDA “comfortably ahead” of the firm’s prior targets.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BAH:
- Booz Allen price target raised to $177 from $158 at TD Cowen
- Booz Allen price target raised to $169 from $158 at Wells Fargo
- Booz Allen Hamilton’s AI Ambitions: Navigating the Minefield of Legal and Reputational Risks
- Booz Allen price target raised to $175 from $170 at Stifel
- Options Volatility and Implied Earnings Moves Today, May 24, 2024
