UBS lowered Booz Allen’s price target to $93 from $115 and maintains a Neutral rating. It’s too early to call a trough despite lowered expectations. Goldman Sachs lowered the price target to $80 from $93, while BofA double-downgraded the stock after weak Q2 results. Earnings call shows mixed sentiment amid challenges.
For more information, visit TheFly for real-time market-moving news. TipRanks offers powerful investing tools and analyst insights at 50% off. See top stocks recommended by analysts for a comprehensive investment strategy. Stifel and Truist also lowered Booz Allen’s price target to $106 and $90, respectively.
Read more at Yahoo Finance: Booz Allen price target lowered to $93 from $115 at UBS
