BofA analyst Mariana Perez Mora lowered the firm’s price target on Parsons (PSN) to $95 from $100 and keeps a Buy rating on the shares after the company issued an 8-K outlining revised 2025 guidance that removes the confidential contract related to Afghan Special Immigration Visas for the period after June following the May 29 Department of State reorganizational announcement that could eliminate the Coordinator for Afghan Relocation Efforts office. The firm is cutting its price target to reflect the contract removal going forward, the analyst noted.
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