Huntington Ingalls (HII) Named Best SMIDcap Idea at Cowen

Cowen analyst Gautam Khanna reiterated an Outperform rating and $270.00 price target on Huntington Ingalls (NYSE: HII) and named the stock a top SMIDcap idea calling it a "sleeper" in favored industry.

The analyst commented, "HII is our top SMIDcap idea given its upward re-rating potential. HII trades at a steep discount to peers and resides in a sector (defense) that is poised to attract marginal investors as the DoD budget grows in real terms."

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 $209.36 yesterday.

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