Cowen Downgrades Huntington Ingalls (HII) to Market Perform

January 22, 2020 5:30 AM EST
Get Alerts HII Hot Sheet
Price: $194.99 -0.05%

Rating Summary:
    10 Buy, 10 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 7 | Down: 15 | New: 24
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Cowen analyst Gautam Khanna downgraded Huntington Ingalls (NYSE: HII) from Outperform to Market Perform with a price target of $280.00.

The analyst comments "We're downgrading our rating on HII's stock to Market Perform from Outperform, with an unchanged $280 price target. From here, HII's stock should have less "beta", as steadier execution & risk retirement milestones, coupled with HII's long-cycle sales profile, limit HII's propensity to surprise."

For an analyst ratings summary and ratings history on Huntington Ingalls click here. For more ratings news on Huntington Ingalls click here.

Shares of Huntington Ingalls closed at $278.57 yesterday.

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