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Fly News Breaks for October 29, 2018
BAH
Oct 29, 2018 | 14:33 EDT
Raymond James analyst Brian Gesuale raised his price target for Booz Allen to $55 from $53 after the company reported better than anticipated results. The analyst reiterates an Outperform rating on the shares and continues to expect Booz to execute on the growth side, expand margins, shift its mix away from direct labor and set the stage for positive earnings revisions over the next year.
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