Wells Fargo analyst Matthew Akers maintains $Booz Allen Hamilton Holding Corp (BAH.US)$ with a buy rating, and adjusts the target price from $185 to $206.
According to TipRanks data, the analyst has a success rate of 86.4% and a total average return of 27.7% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Booz Allen Hamilton Holding Corp (BAH.US)$'s main analysts recently are as follows:
Booz Allen's recent Q2 results were strong, and there's an anticipation of continuous robust underlying momentum. Additionally, there is a potential future opportunity identified due to a claims reserve reversal.
Despite a disorderly second quarter, it is anticipated that Booz Allen will either achieve or surpass its fiscal year 2025 projections. With the balance sheet nearing a leverage ratio of 2 times, there is additional capacity for increased share repurchases.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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