Baird lowered the firm’s price target on Parsons (PSN) to $72 from $75 and keeps an Outperform rating on the shares.
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Read More on PSN:
- Parsons price target lowered to $73 from $80 at KeyBanc
- Parsons Corp Faces Rising Tax Uncertainty as OECD Pillar Two Reforms and Potential Audit Disputes Threaten Margins and Cash Flows
- Parsons: Long-Term Growth and Diversified Demand Outweigh Near-Term Headwinds, Supporting Buy Rating
- Parsons reports Q4 adjusted EPS 75c, consensus 79c
- Parsons sees FY26 revenue $6.5B-$6.8B, consensus $6.66B
