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

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