Baird lowered the firm’s price target on Parsons (PSN) to $58 from $60 and keeps a Neutral rating on the shares. The firm updated its model following Q1 results where they remain patient and see an improving setup after underperformance.
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- Parsons Corp Earnings Call Highlights Robust Backlog
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- Parsons price target raised to $85 from $75 at Truist