KeyBanc last night downgraded Parsons (PSN) to Sector Weight from Overweight without a price target The company is unlikely to upgrade its 2026 revenue growth outlook beyond 6%, the analyst tells investors in a research note. In addition, KeyBanc believes a prolonged Mid-East conflict lends downside to estimates. It believes Parsons’ guidance relies on “opportunistic wins” in the second half of 2026.
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