BTIG analyst Andre Madrid raised the firm’s price target on BWX Technologies (BWXT) to $225 from $200 and keeps a Buy rating on the shares. The stock fell despite a strong earnings beat and record bookings in Q3, the analyst tells investors in a research note. Both government and commercial demand remains robust, the recent acquisitions of AOT and Kinectrics continue to drive value, and the company has excellent visibility into 2026 with minimal revenue risk, the firm added.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BWXT:
- BWX Technologies names Toby Smith as General Counsel
- Balanced Outlook on BWX Technologies: Strong Revenue Growth Amidst Margin Challenges and New Projects
- BWX Technologies Announces $1 Billion Convertible Notes Offering
- BWXT Earnings Call: Strong Growth Amid Challenges
- BWX Technologies Announces Leadership Transition
