Baird lowered the firm’s price target on Parsons (PSN) to $78 from $125 and keeps an Outperform rating on the shares. The firm updated its model following Q4 results.
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Read More on PSN:
- Parsons price target lowered to $76 from $102 at KeyBanc
- Parsons Corp Achieves Record Financial Performance in 2024
- Parsons: Strong Long-Term Growth Potential and Strategic Positioning Justify Buy Rating Despite Short-Term Setbacks
- Parsons price target lowered to $85 from $110 at Truist
- Parsons falls -12.7%
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