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Fly News Breaks for June 3, 2019
BAH
Jun 3, 2019 | 07:48 EDT
Morgan Stanley analyst Matthew Sharpe initiated coverage of the Government Services industry, starting Booz Allen with an Overweight rating and $70 price target. The company's "superior" topline growth is driven by its leading market position within higher-end technologies, said Sharpe, who added that Booz Allen also has "one of the best balance sheets in the space."
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