Morgan Stanley assumed coverage of Amentum (AMTM) with an Equal Weight rating and $30 price target Strong booking growth in the quarter “demonstrated the diversified strength of the franchise,” says the analyst, who is raising the firm’s FY26 adjusted EBITDA forecast by 1% following the company’s Q1 report.
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Read More on AMTM:
- Amentum price target lowered to $35 from $42 at Truist
- Andre Madrid Reaffirms Buy on Amentum as Strong Execution, Cash Generation and Deleveraging Support Double-Digit EPS and FCF Growth Outlook
- Amentum reports Q2 adjusted EPS 60, consensus 57c
- Amentum backs FY26 EPS view $2.25-$2.45, consensus $2.41
- Amentum Refinances and Expands Senior Secured Credit Facilities