Citizens JMP raised the firm’s price target on Amentum (AMTM) to $35 from $30 and keeps an Outperform rating on the shares. Amentum reported strong Q4 results, with CEO John Heller commenting that the company is “well-positioned” as the government refocuses on efficiency, speed, and accountability, the analyst tells investors in a research note. Citizens continues to like Amentum as an opportunity for long-term capital appreciation.
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