Citi lowered the firm’s price target on Parsons (PSN) to $65 from $70 and keeps a Buy rating on the shares.
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Read More on PSN:
- Parsons Corp Earnings Call Highlights Robust Backlog
- Parsons Earns Buy Rating on Resilient Growth, Record Backlog, and Reaffirmed Outlook Despite Middle East Headwinds
- Parsons reports Q1 adjusted EPS 79c, consensus 68c
- Parsons backs FY26 revenue view $6.5B-$6.8B, consensus $6.66B
- Parsons price target raised to $85 from $75 at Truist