ManTech (MANT) Receives a Hold from Drexel Hamilton


In a report released today, David Williams from Drexel Hamilton maintained a Hold rating on ManTech (MANT). The company’s shares opened today at $53.91.

Williams said:

“We see the increasing bookings leading to visible revenue growth in the mid-single digits.”

According to TipRanks.com, Williams is ranked #2435 out of 5107 analysts.

ManTech has an analyst consensus of Moderate Buy, with a price target consensus of $68.33.

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Based on ManTech’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $21.92 million. In comparison, last year the company had a net profit of $15.18 million.

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ManTech International Corp. engages in the provision of information technology and technical services solutions. It also offers cyber security, software and systems development, enterprise information technology, multi-disciplined intelligence, program protection and mission assurance, system engineering, test and evaluation, command, control, communications, computers, intelligence, training, supply chain, and management consulting. The company was founded by George J. Pedersen in 1968 and is headquartered in Herndon, VA.

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