Baird lowered the firm’s price target on Bowman Consulting (BWMN) to $27 from $29 and keeps an Outperform rating on the shares. The firm said its 3Q24 report offered a strong backlog and favorable initial look into 2025 with the company expecting mid-to-high single digit organic growth rates to return.
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Read More on BWMN:
- Bowman Consulting Reports Record Revenue Milestone
- Bowman Consulting backs FY24 adjusted EBITDA view $58M-$63M
- Bowman Consulting reports Q3 adjusted EPS 30c, consensus 13c
- Bowman Consulting purchases Exeltech in ‘immediately accretive’ deal
- Bowman Consulting to lead program management for The Aurora Highlands