Huntington Ingalls (HII) PT Raised to $275 at Vertical Research Partners
Vertical Research Partners analyst Robert Stallard raised the price target on Huntington Ingalls (NYSE: HII) to $275.00 (from $250.00) while maintaining a Buy rating.
- No surprises in 3Q
- On track for margin targets in 2019-20
- 2019 EPS goes from $14.05 to $13.64, while 2020 goes from $17.78 to $20.20, with both changes largely reflecting the new pension assumptions