Wells Fargo Maintains Overweight Rating for Booz Allen Hamilton: Here's What You Need To Know

Wells Fargo has decided to maintain its Overweight rating of Booz Allen Hamilton BAH and lower its price target from $140.00 to $126.00.

Shares of Booz Allen Hamilton are trading up 1.08% over the last 24 hours, at $112.64 per share.

A move to $126.00 would account for a 11.86% increase from the current share price.

About Booz Allen Hamilton

Booz Allen Hamilton Holding Corp is a provider of management consulting services to the U.S. government. Other services offered include technology, such as cloud computing and cybersecurity consulting, and engineering consulting. The consulting services are focused on defense, intelligence, and civil markets. In addition to the U.S. government, Booz Allen Hamilton provides its management and technology consulting services to large corporations, institutions, and nonprofit organizations. The company assists clients in long-term engagements around the globe.

About Analyst Ratings

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.