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Fly News Breaks for March 19, 2015
BAH
Mar 19, 2015 | 08:48 EDT
RBC Capital views Booz Allen as the best way to play the defense budget recovery, due to its industry-leading margins, focus on R&D and respectable 2% yield. However, the firm, noting that the company returns 134% of its free cash flow to shareholders, believes that its cash deployment strategy is its best attribute. RBC keeps a $34 price target and Outperform rating on the shares.
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