RBC Capital analyst Ken Herbert raised the firm’s price target on Amentum (AMTM) to $24 from $22 and keeps a Sector Perform rating on the shares. The firm’s recent meeting with the management focused on the company’s free cash flow outlook, which “remains attractive” given Amentum’s clear path to de-leveraging, the analyst tells investors in a research note. Investors are focused on the implied second-half and FY26 organic growth as well as the lingering top-line risks from contract timing and the potential DOGE impact, RBC added.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMTM:
- Sell Rating for Amentum Holdings, Inc. Amidst Challenging Government Contracting Environment and Growth Concerns
- Amentum initiated with an Outperform at Citizens JMP
- Amentum’s Earnings Call: Strong Growth Amid Challenges
- Amentum Holdings Reports Steady Q2 2025 Growth
- Amentum backs FY25 adjusted EPS $2.00-$2.20, consensus $2.11
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue