There’s a lot to be optimistic about in the Services sector as 1 analysts just weighed in on and Booz Allen (BAH) with bullish sentiments.
Booz Allen (BAH)
In a report issued on January 29, Cai Rumohr from Cowen & Co. maintained a Buy rating on Booz Allen, with a price target of $93.00. The company’s shares closed last Thursday at $83.40.
According to TipRanks.com, Rumohr is a 4-star analyst with an average return of 4.9% and a 58.7% success rate. Rumohr covers the Technology sector, focusing on stocks such as Raytheon Technologies, Smith & Wesson Brands, and Science Applications.
Currently, the analyst consensus on Booz Allen is a Strong Buy with an average price target of $101.83, which is a 24.2% upside from current levels. In a report issued on January 14, Merrill Lynch also maintained a Buy rating on the stock with a $120.00 price target.
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