KBR price target raised to $68 from $64 at Truist

Truist analyst Tobey Sommer raised the firm’s price target on KBR to $68 from $64 and keeps a Buy rating on the shares. The analyst is positive on the company’s successful defense of the critical HomeSafe contract. Sommer further notes that the stock’s sum-of-the-parts valuation may compel shares higher given the company’s "attractive and lucrative growth" in the Sustainable Technology Solutions segment.