KBR, Inc. (KBR) PT Raised to $63 at Cowen
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Price: $38.37 +0.55%
Rating Summary:
10 Buy, 12 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
10 Buy, 12 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Cowen analyst Guatam Khanna raised the price target on KBR, Inc. (NYSE: KBR) to $63.00 (from $56.00) while maintaining an Outperform rating.
The analyst commented, "Demand momentum at the STS segment and the eventual ramp of the Homesafe contract support standing C24 Street EPS, which implies >20% EPS gains. Our PT moves to $63, approx. 14.5x C23E EV/EBITDA."
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