Parsons Corporation (PSN) Tops Q1 EPS by 9c, provides guidance

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Go back to Parsons Corporation (PSN) Tops Q1 EPS by 9c, provides guidance

TD Cowen Upgrades Parsons Corp. (PSN) to Buy

May 3, 2024 5:31 AM EDT

TD Cowen analyst Cai von Rumohr upgraded Parsons Corp. (NYSE: PSN) from Hold to Buy with a price target of $90.00 (from $77.00).

The analyst comments "We're upgrading PSN to Buy for est. 2024-25 adj. EPS growth of 18-20%. Drivers are (1) attractive market positions, (2) strong bookings... More