tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

TD says Booz Allen may rally on high short interest, ‘better than feared’ Q3

TD Cowen says Booz Allen (BAH) Q3 adjusted EPS beat expectations due to a lower tax rate and better margin that offset a 4.7% sales miss. Sales guidance was pared slightly, but the stock may rally given high short interest and a “better than feared” Q3 report, says the analyst, who has a Hold rating and $105 price target on shares.

Claim 50% Off TipRanks Premium

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1