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Booz Allen price target raised to $119 from $112 at Stifel

Stifel analyst Jonathan Siegmann raised the firm’s price target on Booz Allen (BAH) to $119 from $112 and keeps a Hold rating on the shares. After the prior quarter’s “negative surprise,” there were no signs of further deterioration, the fiscal Q1 was about in line with expectations and strong bookings was “a positive highlight,” the analyst tells investors.

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