Credit Suisse Upgrades ManTech (MANT) to Neutral

Credit Suisse upgraded ManTech (NASDAQ: MANT) from Underperform to Neutral with a price target of $34.00 (from $26.00).

Analyst R. Spingarn commented, "Our '16/'17/'18 EPS forecasts adjust to $1.47/$1.57/$1.72 from $1.47/$1.56/$1.71. With the outlook continuing to improve, we upgrade from Underperform to Neutral and raise our TP to $34 from $26, which is a target yield of 8% on projected 2016 FCF per share of $2.70."

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

Shares of ManTech closed at $32.78 yesterday.

You May Also Be Interested In

• New Street Research Upgrades Micron Technology (MU) to Buy
• Macquarie Upgrades Inventec Corp (2356:TT) to Neutral
• BofA Securities Resumes American Eagle Outfitters (AEO) at Underperform