Stifel Resumes Coverage On These US Government Service Providers

  • Stifel analyst Bert Subin resumed coverage of several companies in the U.S. Government Services space.
  • The analyst's action is underpinned by rising geopolitical tensions, the public perception of threats, and his belief that the battlespace is becoming increasingly digital.
  • The analyst resumed his coverage of Jacobs Engineering Group Inc J with a Buy rating and a price target of $159, implying an upside of 13.7%.
  • Booz Allen Hamilton Holding Corp BAH was resumed with a Buy rating and a price target of $96, implying an upside of 11.6%.
  • KBR, Inc. KBR was resumed with a Buy rating and a price target of $65. Subin states that KBR is uniquely positioned to expand quicker than the market.
  • Price Action: J shares are trading higher by 1.37% at $139.90, BAH higher by 0.79% at $85.97, and KBR lower by 1.97% at $52.35 on the last check Friday.
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