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Fly News Breaks for December 29, 2016
BAH
Dec 29, 2016 | 08:10 EDT
Drexel Hamilton analyst Brian Ruttenbur expects Booz Allen;s multiple to expand during the Trump administration, as he expects the defense and intelligence budgets to increase under its auspices. The analyst indicates that the company is likely to benefit from a potential decrease in the corporate tax rate. He keeps a Buy rating on the stock.
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