Barclays Adjusts PT and Estimates on Booz Allen Hamilton (BAH); Impressed By Pace Ahead of Peers
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Price: $77.46 -0.45%
Rating Summary:
8 Buy, 13 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
8 Buy, 13 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Barclays maintains an 'Overweight' on Booz Allen Hamilton (NYSE: BAH) price target lowered from $25 to $22.
Analyst, C arter Copeland, said, "In a quarter that saw peers struggle to grow organically, BAH revenues were up ~3%. Although total backlog growth continues to decelerate (down 1% YoY and 12% sequentially) and the contracting environment clearly remains increasingly challenged (BAH guiding to flat to +low single digit revenue growth for 1H 2013), we were encouraged by BAH's ability to outperform peers."
FY12 EPS estimate lowered from $1.80 to $1.75, establishes FY13 at $1.85.
For an analyst ratings summary and ratings history on Booz Allen Hamilton click here. For more ratings news on Booz Allen Hamilton click here.
Shares of Booz Allen Hamilton closed at $16.86 yesterday.
Analyst, C arter Copeland, said, "In a quarter that saw peers struggle to grow organically, BAH revenues were up ~3%. Although total backlog growth continues to decelerate (down 1% YoY and 12% sequentially) and the contracting environment clearly remains increasingly challenged (BAH guiding to flat to +low single digit revenue growth for 1H 2013), we were encouraged by BAH's ability to outperform peers."
FY12 EPS estimate lowered from $1.80 to $1.75, establishes FY13 at $1.85.
For an analyst ratings summary and ratings history on Booz Allen Hamilton click here. For more ratings news on Booz Allen Hamilton click here.
Shares of Booz Allen Hamilton closed at $16.86 yesterday.
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