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BigBear.ai price target lowered to $6 from $8 at H.C. Wainwright

H.C. Wainwright lowered the firm’s price target on BigBear.ai (BBAI) to $6 from $8 and keeps a Buy rating on the shares post the Q4 report. The company’s balance sheet improvements provide greater flexibility to fund growth, the analyst tells investors in a research note. The firm cites lower sales estimates for the target cut.

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