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Truist Financial Maintains Booz Allen Hamilton Holding Corp(BAH.US) With Hold Rating, Raises Target Price to $185

Futu News ·  Oct 28 19:31  · Ratings

Truist Financial analyst Tobey Sommer maintains $Booz Allen Hamilton Holding Corp (BAH.US)$ with a hold rating, and adjusts the target price from $165 to $185.

According to TipRanks data, the analyst has a success rate of 66.7% and a total average return of 14.1% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $Booz Allen Hamilton Holding Corp (BAH.US)$'s main analysts recently are as follows:

  • The company demonstrated robust performance in its second quarter results and has increased its 2025 projections, reflecting strong underlying momentum and a reserve reversal, which presents further opportunities.

  • The second quarter showed complex results, but it is anticipated that Booz Allen will still meet or surpass its financial targets for FY25. With a balance sheet nearing 2-times leverage, there is potential for additional share repurchases.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

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.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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