Wells Fargo analyst Matthew Akers maintains $Booz Allen Hamilton Holding Corp (BAH.US)$ with a buy rating, and adjusts the target price from $177 to $171.
According to TipRanks data, the analyst has a success rate of 72.1% and a total average return of 21.3% 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:
The government services sector, having substantially underperformed compared to defense, is now seen as relatively more affordable. There is not anticipated to be a disproportionate budgetary risk for this group in 2025. As observed in recent years, positive relative earnings growth and further outperformance in 2025 are expected within the aerospace sector.
The commercial aerospace sector's outlook remains cautiously guarded regarding the speed of the original equipment build ramp-up, mirroring sentiments from back in December. Insight from company discussions in late Q4 reinforces this perspective. In the defense sector, persistent concerns about funding and operational risks are likely to continue overshadowing the market, with the closing quarter providing little additional clarity.
The revenue outlook for Defense and IT services is described as balanced, lacking positive catalysts, according to an analyst's outlook for the Aerospace and Defense Electronics sector. The focus within this sector continues to be on Commercial Aero into 2024, with a preference for names heavily involved in the 2025 aftermarket.
Note:
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