BofA/Merrill Lynch Downgrades Booz Allen Hamilton (BAH) Two-Notches to Underperform
Get Alerts BAH Hot Sheet
Price: $146.03 +1.14%
Rating Summary:
11 Buy, 7 Hold, 2 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 9
Rating Summary:
11 Buy, 7 Hold, 2 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 9
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BofA/Merrill Lynch downgraded Booz Allen Hamilton (NYSE: BAH) from Buy to Underperform with a price target of $22.00.
Analyst Ronald Epstein cited valuation. While the company is positioned to benefit from growth in cyber security spending
as the US government prioritizes cyber threat, the stock has appreciated 15% YTD and they see more risks to the downside at current levels.
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 $21.83 yesterday.
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