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Benzinga
Benzinga
Business
Akanksha Bakshi

Barclays Bumps Up Booz Allen Hamilton Price Target By 16%

Booz Allen Barclays BAH Booz Allen Hamilton Holding Corp NYSE
  • Barclays analyst Colin Canfield upgraded Booz Allen Hamilton Holding Corp (NYSE:BAH) to Overweight from Equal Weight and raised the price target to $105 (an upside of 23%), from $90.
  • The analyst views government services as "attractive thanks to a combination of valuation, earnings growth and capital deployment flexibility."
  • He assigns a premium to Booz Allen given its "superior growth and capital deployment."
  • Price Action: BAH shares traded lower by 0.18% at $85.22 on the last check Monday.
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