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Benzinga

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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