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Cowen Downgrades Parsons Corp. (PSN) to Market Perform

February 25, 2021 6:52 AM EST

Cowen analyst Jeff Molinari downgraded Parsons Corp. (NYSE: PSN) from Outperform to Market Perform with a price target of $33.00 (from $40.00).

The analyst comments "Disappointing Q4 and light 2021 guide due to COVID overhang & pass thru burnoff aren't valid reason for huge concern. But... More

Parsons Corp. (PSN) PT Lowered to $33 at Cowen

February 25, 2021 5:30 AM EST

Cowen analyst Jeff Molinari lowered the price target on Parsons Corp. (NYSE: PSN) to $33.00 (from $40.00) while maintaining a Outperform rating.

The analyst comments "Disappointing Q4 and light 2021 guide due to COVID overhang & pass thru burnoff aren't valid reason for huge concern. But... More