Jefferies analyst Sheila Kahyaoglu lowered the firm’s price target on Parsons (PSN) to $55 from $65 and keeps a Hold rating on the shares. The firm updated the company’s model post earnings.
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- Parsons: Strong Backlog and Bookings Support Multi-Year Growth; Buy Rating Reiterated with Unchanged $72 Price Target
- Parsons price target lowered to $79 from $89 at Stifel
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- Parsons price target lowered to $58 from $60 at Baird
- Parsons Corp Earnings Call Highlights Robust Backlog
