KeyBanc analyst Sangita Jain raised the firm’s price target on KBR (KBR) to $63 from $59 and keeps an Overweight rating on the shares. The firm notes the company reported a Q1 beat driven by margins in both MTS and STS. Despite the beat, management reaffirmed 2025 guidance, which is likely prudent ahead of the impending HomeSafe ramp and continued EUCOM uncertainty, KeyBanc says.
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