Baird raised the firm’s price target on Parsons to $103 from $89 and keeps an Outperform rating on the shares. The firm said they posted another very strong quarter of industry-leading organic growth which impressed investors who expected a greater deceleration in organic growth.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PSN:
- Parsons raises 2024 revenue view to $6.35B-$6.55B from $6.1B-$6.4B
- Parsons reports Q2 adjusted EPS 84c, consensus 69c
- Parsons to acquire BlackSignal Technologies for $200M, sees accretion
- Parsons to Acquire BlackSignal Technologies
- Parsons selected as lead designer for Inglewood Transit Connector Project
Questions or Comments about the article? Write to editor@tipranks.com